The Suns and team majority owner Mat Ishbia are facing new legal issues after a pair of minority owners who came over from the previous ownership group have alleged that they were refused access to internal records, according to a new lawsuit.
The suit was filed in Delaware last week, and a redacted copy of the legal filing was made available on Wednesday. It alleges that during a capital call in June, Ishbia attempted to “exert pressure on and dilute” the shares of the Suns’ minority owners, Andy Kohlberg and Scott Seldin.
They also allege that they have not been able to obtain information about team expenditures and funding for the WNBA’s Mercury’s new $100 million practice facility, which was announced last year.
Suns owner Mat Ishbia looks on during an NBA basketball news conference