The Kardashian Sisters Just Got Sued for $180 Million

March 23, 2016, 2:44 PM UTC
arrives at Cosmopolitan Magazine's 50th Birthday Celebration at Ysabel on October 12, 2015 in West Hollywood, California.
Photograph by Gregg DeGuire — 2015 Gregg DeGuire

The Sisters Kardashian are being sued for $180 million and being accused of fraud by a disgruntled investor in their makeup line.

Hillair Capital Management is claiming that shortly after it invested in the makeup line, which was struggling after its distributor folded in 2014, the sisters began looking for a new partner to buy out the Hillair stake, reports the New York Daily News. The suit lays this out bluntly:

In short: the Kardashians wanted a better, more lucrative deal than they had struck with Hillair after the money to continue the line was already committed, and they used their ability to withhold their support of the line to attempt to force Hillair into a buyout of its interest.

It further alleges that Khloe Kardashian publicly disparaged the products in the line, obviously bad for the investment.


Lawyers for the Kardashians shot back, claiming the suit “is an obvious attempt to create leverage by hedge fund operators who took over the Kardashians’ cosmetics brand.”

Requests for comment from both Fielding and the Kardashians were not immediately returned.

The suit was filed in Los Angeles.

Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. Sign up today.