On Wednesday evening, The Blast broke news that Alan Foster had filed a counter lawsuit against LaVar and Lonzo Ball for fraudulent concealment, and breach of contract.
From the lawsuit, as reported by The Blast:
According to Foster, “In early 2016, in furtherance of LaVar’s intense desire to share in, or rise above, the glory and spotlight of his sons, LaVar approached Alan and asked for his business guidance on how to monopolize and gain fortune and fame from the names and likenesses of his three sons. In response, Alan suggested that the two men brand the “Ball” family name in order to create basketball and entertainment-related businesses. LaVar loved Alan’s idea and wanted to make sure that he was the biggest star in the family, notwithstanding the fact that he was broke, had no savings, poor credit and zero business acumen.”
Lonzo originally sued Foster early in 2019 when it was reported that Foster had stolen roughly $1.5 million from the oldest Ball son. The countersuit alleges many things, including embezzlement of funds by LaVar.
Check back to LonzoWire as we continue to update this story.
