Moshe Barkat, the founder and former longtime president and CEO of Modern VideoFilm, has filed a $100 million fraud and breach of fiduciary duty lawsuit against Medley Capital, the company that took over the venerable postproduction house in 2014. The suit, filed today in Los Angeles Superior Court (read it here), claims that Medley "ran MVF into the ground and destroyed it." At one time, Modern VideoFilm employed more than 500 people, but the suit claims that the company…
Comment on Modern VideoFilm Founder Sues New Owner For $100 Million
David Robb, Deadline.com
Mon, 08/29/2016 - 7:19pm
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