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Two Phoenix Suns minority owners filed a complaint against majority owner Mat Ishbia over access to financial records.
The minority owners allege Ishbia engaged in undisclosed side deals and unilateral expenses, refusing transparency.
Two Phoenix Suns minority owners have filed a complaint against Suns Legacy Holdings led by team owner Mat Ishbia for refusing to “permit the inspection of books and records,” to which they believe they’re entitled.
The Arizona Republic has obtained the complaint, filed in the Delaware Court of Chancery and dated Aug. 21 on behalf of the minority ownership groups Kisco WC Sports II, LLC and Kent Circle Investments by the New York-based Quinn Emanuel law firm.
Andy Kohlberg is CEO of Kisco Senior Living and Scott Seldin is president