Civil Litigation
Aug. 29, 2018
LA Weekly owner sues to recoup his stake, change ownership
The lawsuit details a tumultuous seven months since the venerable alternative newspaper was bought by a group of out-of-town investors, many of them attorneys, who are accused of raiding the paper for personal financial gain.
A lawsuit against LA Weekly details a tumultuous seven months since the venerable alternative newspaper was bought by a group of out-of-town investors, many of them attorneys who are accused in court filings of raiding the paper for personal financial gain.
David Welch, a cannabis law attorney who owns a stake in the company, said in a Los Angeles County Superior Court lawsuit filed this week that company mismanagement, side deals,...
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