James Franco's former manager sued by executives at his own firm
- Photo: JE1/WENN1 of 16
- Photo: Amanda Schwab/StarTraks2 of 16
- Photo: @jamesfrancotv/Instagram3 of 16
- Photo: @jamesfrancotv/Instagram4 of 16
- Photo: @jamesfrancotv/Instagram5 of 16
- Photo: Rex/Rex USA6 of 16
- Photo: @jamesfrancotv/Instagram7 of 16
- Photo: Luca Teuchmann/GettyImages.com8 of 16
- Photo: CCH/WENN9 of 16
- Photo: @jamesfrancotv/Instagram10 of 16
- Photo: Byron Purvis/AdMedia/Retna Ltd.11 of 16
- Photo: Jon furniss/Invision/AP12 of 16
- Photo: MNAB/NWD/Wonderwall13 of 16
- Photo: @jamesfrancotv/Instagram14 of 16
- Photo: @jamesfrancotv/Instagram15 of 16
More Celeb News
- Lake Bell to Direct 'The Emperor's Children' for Brian Grazer, ImagineMSNEntertainment 8/26/2014 4:15:00 PM
- Black TV Producer Mistaken for Bank Robber: Beverly Hills PD 'Deeply Regrets' ErroMSNEntertainment 8/26/2014 3:46:00 PM
- Ad Spending to Hit Record $172 Billion Next Year; Digital to Overtake in 2017MSNEntertainment 8/26/2014 3:23:00 PM
- Pierce Brosnan Spy Thriller 'November Man' Targets Older Action Fans at Box OfficeMSNEntertainment 8/26/2014 3:09:00 PM
- 'Babel's' Adriana Barraza to Play Pablo Escobar's Mother in NetfMSNEntertainment 8/26/2014 3:00:00 PM
- Lake Bell to Direct 'The Emperor's Children' for Brian Grazer, Imagine
James Franco's former manager has been accused of stealing from the movie star by executives at his own firm.
Miles Levy allegedly told his partners at James Levy Management that his famous client wished to drop their 15 percent fee to 10 percent in 2006, but after the discount was agreed, the money man allegedly continued to charge Franco the full amount, and pocketed five percent for himself.
According to new legal documents, obtained by TMZ, bosses at accounting firm Tanner Mainstain helped Levy set up a shell company to deposit the cash.
RELATED: Amazing celebrity career comebacks
In the suit, the plaintiffs also accuse Levy of using his famous client's credit card to make personal purchases.
Franco severed ties with the company last year and reached a settlement with Miles Levy in December.
Jennifer Lopez reunites with Casper Smart, plus more famous friendly exes on Replay, hosted by Wonderwall's Jessica Wedemeyer.Watch Video »
Get the scoop on Bradley Bayou's dress design that Oprah wore to the Emmy Awards.Watch Video »
Beyonce does her best to prove that her family life is just perfect on today's Celebs Gone Social.Watch Video »
Check out Kaley Cuoco's cutest canine-centric posts on social media on today's Celebs Gone Social.Watch Video »
Check out the sweet shots Jaime King, Mario Lopez, Snooki and more stars shared of their babies on today's Celebs Gone Social.Watch Video »
Check out Jessica Alba's baseball skills on today's Celebs Gone Social, hosted by Wonderwall Editor Jessica Wedemeyer.Watch Video »
Like us on Facebook?
UP NEXTAnother Go
From Crowd Ignite