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The Situation

Sues Vodka Company

You Owe Me Millions!

11/18/2012 5:40 AM PST BY TMZ STAFF
EXCLUSIVE

1117-situation-devotion-vodka-tmz
Protein infused vodka sounds like a good idea (kind of) ... unless you're The Situation ... who's suing the company behind the product for allegedly screwing him out MILLIONS OF DOLLARS.

Sitch recently filed a lawsuit against Devotion Spirits -- a company he inked an endorsement deal with back in 2010. According to the lawsuit, Sitch says he did his part and made the booze the success it is today -- but is adamant the company didn't hold up their end of the deal.

Specifically, Sitch claims the deal called for him to acquire an 8% ownership stake in the company -- which he says he got -- but that Devotion failed to add 2% to his ownership share on their one-year anniversary, like the deal called for. 

Sitch also claims they failed to provide him with a $400,000 "buy back" option for his shares on their two-year anniversary and failed to supply him with sales reports.

Sitch says even though he performed his contractual obligations, Devotion kept looking for an excuse to cut him out and avoid paying him the money he's owed.

He is suing for his entire 10% share in the company (which he estimates to be worth as much as $5 million) and other damages.

Calls to Devotion were not returned.

33 COMMENTS

No Avatar
16.

Mihalick    

Or could it be he's looking for an out since he turned sober?

670 days ago
17.

Billy    

AS$ jockey is about all you can say. Look how gay he looks in that outfit.

670 days ago
18.

Sir Boo    

There is something wrong with him.

670 days ago
19.

JenniferErinn31    

He is becoming irrelevant. Which means he's probably close to broke. Lol

670 days ago
20.

Who the Hell is Khloe    

He really think he's the sheet doesn't he

670 days ago
21.

spokenword    

What a retard. He made an a-- of himself on the roast and he let paula get away. Is everybody this stupid in seaside?

670 days ago
22.

Vic    

http://www.surveymonkey.com/s/2B9XMKQ TAKE MY LOVELY SURVEY!!! IT'S FREE!

662 days ago
Previous 15 Comments | 1 | 2

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