Stay current on changes and developments in corporate law with a wide variety of resources and tools.
By Jacob Rund
The fired commissioner of a new three-on-three basketball league co-founded by rapper-turned-actor Ice Cube is suing in Delaware state court for a peek at the company’s internal data.
Former NBA guard Roger Mason Jr., in a complaint filed April 9, asked a Chancery Court judge to order that Big3 LLC turn over certain records, which he could use in a separate suit against company executives over his termination. Mason was fired as a Big3 commissioner in March after serving during its inaugural 2017 season.
Mason’s Delaware complaint stems from an ongoing feud between Big3 and Qatari investment group Sport Trinity. Big3 sued the group April 5 in California state court for allegedly walking back on a planned investment and trying to gain majority ownership in the company.
Mason’s suit says Big3 Co-CEO Jeff Kwatinetz helped “manufacture a sham ‘independent investigation’” into the Sport Trinity situation, and used Mason’s “fictitious refusal” to cooperate as justification for his firing.
“Roger Mason is obviously a desperate man who will say and do anything at this point,” Ice Cube said in a statement provided for Bloomberg Law.
Mason’s complaint said “Kwatinetz sought to make Mason the scapegoat for his own wrongdoing, outrageously blaming Mason for jeopardizing the league’s financial success.”
Big3, in its California lawsuit, claimed that Mason was “compromised” by Sport Trinity and didn’t cooperate in the investigation.
Mason, a 11-year NBA veteran and former players union official, recently filed a separate $100 million lawsuit against Big3 and Kwatinetz for defamation and breach of contract, the complaint said.
The eight-team league employs a number of retired NBA players, and now lists NBA Hall of Fame member Clyde Drexler as its new commissioner.
Delaware law firm Richards, Layton & Finger P.A. is representing Mason in the books and records complaint.
The case is Mason v. Big3 LLC , Del. Ch., No. 2018-0263, complaint filed 4/9/18 .
To contact the reporter on this story: Jacob Rund in Washington at email@example.com
To contact the editor responsible for this story: Fawn Johnson at firstname.lastname@example.org
Copyright © 2018 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)