In the music industry, Scooter Braun is a big and popular name. Also, he was with Justin Bieber and known for his very ugly quarrel with Taylor Swift. He was attached to the high-flying financier. He got a bad image at that time, and led into a dead-end job, due to that lawsuit.
Peter Comisar and Scooter Braun were the partners at former Goldman Sachs securities. But then after many years, there has again been a conflict between both of them. They both are defaming and alleging each other with a lot of threats. Peter Comisar has said that Braun has always backed him, and he also has an equal role in the investment firm, also he was backed by the media titans, such as Hollywood magnate David Geffen, Apple’s Jimmy Loving, and also from the billionaire Soros family.
About the petition filed at Los Angeles against Peter Comisar
The case has been filed in the court of Los Angeles, Braun has alleged Comisar aggressively in the court. They both were the business partners from 2016 to 2017 with David Bolno as business manager to launch Scope Capital Partners.
This conflict started on Twitter, on Thursday. When Scooter tweeted about his ex-partner Comisar. About his nature at the work, and his interest and investment in the business.
Comisar has said that he was only part of the company for a three-year budget plan, according to all the agreements. Braun has also boasted that he has the ability to raise money from $500 million to $750 million from various big billionaires of the entertainment industry.
In the year 2018, in April, according to the Commissar's statement, Braun has renounced the financial commitments and also has ceased all the funding also including the Commissar's salary.
Previously, Braun and Comisar have worked together and their term was also well but later, this has been reported. They have been against each other and have revealed such a huge fraud.
But Braun has said that Comisar wasn’t that active when they were business partners, he does not do much hard work. The petition was filed in Los Angeles, this week, he said that Peter was so terrible and has invested nothing in the launch of SCOPE. Still, he got half of his salary with zero investors and took around $5 million.
Braun and Comisar about each other
Both of them are presenting their own side of the story. On one side Comisar has said that Braun has not collected the amount of money he said from his sources to billionaires in the entertainment industry. Braun has said that Comisar has failed to secure even a single investor for Scope capital management.
Braun has mentioned all his allegations in the petition filed at Los Angeles court. They both are telling the media about their own story by making allegations against each other. About the allegations made by Comisar, Braun said all the allegations made by him are false.
None of them is quiet about the allegation and is revealing about each other's frauds.