Zeev's Turnips Patch-No Politics (ZEEV)

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SKECHERS Sues Britney Spears for Millions of Dollars in a Fraud and Breach of Contract Suit

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--March 12, 2003--

Footwear Company Claims Pop Princess Reneged on Roller Skate Licensing Agreement, Rebuffing Approval Requests to Meet Selling Season

SKECHERS USA, Inc. (NYSE:SKX), a global leader in the lifestyle footwear industry, announced that the Company filed suit today against singer Britney Spears and her companies, Britney Brands, Inc. and Britney Touring, Inc. for fraud and breach of contract. The suit, which was filed in federal court in Los Angeles, also charges Ms. Spears with unjust enrichment and negligent misrepresentation, and seeks rescission of all agreements between SKECHERS and Ms. Spears, return of all advances paid, reimbursement of millions of dollars in costs, and compensatory and punitive damages in excess of ten million dollars.

http://biz.yahoo.com/bw/030312/125713_1.html