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Netflix Gave An Unproven Director $55 Million For A Sci-Fi Series, And He Blew It On Rolls-Royces, Crypto, And Dodgy Stock Bets (jalopnik.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 2 years ago (3 children)

Can they not sue on a case like this?

[–] [email protected] 11 points 2 years ago (2 children)

And get what money? The money’s spent, it’s gone, and the directors not getting another big payday like this ever again. They can spend $10k on lawyers to get the $216 in his checking account.

[–] [email protected] 9 points 2 years ago* (last edited 2 years ago) (1 children)

Article says it's in arbitration so it's not like they aren't doing anything about it. And one can assume they're still paying their lawyers quite a bit during the arbitration. Also the person can be forced to sell off assets to pay for damages.

Also at the end of the article it says he pulled out 27 million he made in doge coin from 4 million he invested of Netflix's money.

[–] [email protected] 1 points 2 years ago

Dudes rock

[–] [email protected] 5 points 2 years ago* (last edited 2 years ago)

They maybe can get him for wirefraud which means jail time. I don't know Im no lawyer though.

[–] [email protected] 9 points 2 years ago* (last edited 2 years ago)

The article says it's in arbitration which is basically the same thing, sans an actual court.

[–] [email protected] 6 points 2 years ago

Maybe they have insurance over the project and can recover some of the money. The company I work for sell this kind of insurance, but is usually for construction projects.