Details about the $400 million lawsuit between Justin Baldoni, Blake Lively, and Ryan Reynolds revealing allegations and counterclaims.
The article from FandomWire discusses a lawsuit filed by actor Justin Baldoni against Ryan Reynolds and Blake Lively, claiming damages amounting to $400 million. The lawsuit stems from a business deal gone wrong involving a now-defunct startup, Aviation American Gin, which Reynolds had invested in and promoted. Baldoni alleges that he was misled about the financial health and future prospects of the company, leading him to invest a significant sum. He accuses Reynolds and Lively of using their celebrity status to inflate the company's value and then selling it at a peak, leaving other investors like him at a loss when the company's value plummeted. The legal battle highlights issues of celebrity endorsements, investment risks, and the influence of star power in business ventures.
Media & Entertainment
Sat, March 15, 2025
