With so much money being exchanged during SFX Entertainment’s push to control EDM EMC, I guess one could figure that it wouldn’t take long for the powerhouse to get sued. This is a wild situation, where three “music industry veterans” (Paolo Moreno, Gabriel Moreno, and Lawrence Vavra) are essentially claiming that, in the beginning, the idea of SFX’s global stronghold on EDM was a collective one, with SFX’s Robert Sillerman being more of a “strategic partner” in the situation. They claim that “after doing all the leg work to create the company, we brought on Sillerman as a strategic partner… Once on board, he squeezed us out of SFX, using our business strategy for his financial benefit and defrauded us out of millions.”

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Source: DAD