Niko Moon — a distinguished nation music star — is being sued by his former PR rep … who says the singer reduce him out of a really profitable enterprise deal.
Zack Teperman is suing Moon for breach of contract … saying the 2 cofounded Glad Himalayan Water Firm — explaining Moon had the general public stature to advertise the initiatives whereas Teperman had the connections to get the enterprise up and working.
He claims the 2 labored on every thing — from the style of the water to the design of the bottle — and even cohosted a launch occasion collectively again in Might.
As proof, Teperman contains pictures of a number of emails … during which it seems Moon refers to him as his “accomplice” when speaking with individuals about official Glad Himalayan enterprise.
However, when it got here time to make a deal for his or her firm, ZT says Moon terminated their partnership and entered into enterprise offers on his personal.
Teperman says he and Niko agreed he would obtain 10% revenue curiosity within the firm … which might improve by 1% annually, capping at a 15% revenue share. Teperman stated he then labored to arrange profitable enterprise offers with retailers to promote the water.
Lower than two weeks after Teperman says he and Moon agreed to the monetary association, he claims Niko introduced he was terminating their partnership. Zack says Niko did this simply earlier than coming into into a number of large distribution offers that Zack arrange for him.
Teperman is asking for a minimum of $1 million in damages.
We have reached out to Niko … up to now, no phrase again.
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