John Buckeye Epstein filed the suit Friday against SUN Sports (pink sheets SSPE), not to be confused with SUN Sports owned by Fox Sports, claiming that CEO CJ Comu and Titan, acting as board members, illegally forced-out Epstein after he became very vocal regarding the financial management of SUN Sports.
“I can’t believe the audacity of Mr. Comu; the company had no funds, credit cards are shut off, vendors are calling every day, employees are owed more than forty thousand dollars in back expenses, and the medical bill reimbursements of past fighters like Justin Eilers and Pedro Rizzo were not being paid. All this while Comu takes a limo to the airport ten miles away,” Epstein said.
The suit alleges that Titan Securities was improperly involved in a huge conflict of interest, controlling the Board of Directors and the expenditure of funds, all without disclosures to the public, and that Titan conspired with Mr. Comu to cause the breach of Epstein’s employment contract with SUN. It also alleges that Mr. Comu, SUN’s CEO, never intended to fulfill his financial promises and commitments to Mr. Epstein.
Epstein added, “This is not a disgruntled employee case like most people assume when they hear an unhappy executive leave a company”. Under Epstein’s sports marketing direction, within a year Art of War was recognized as possibly the number two contender in producing Mixed Martial Arts events. “This is about an employee trying to fight for honest and ethical treatment of shareholders, vendors, fighters and employees who was thrown out of the company for his trouble. The problems at SUN are far-reaching. Just last week Mr. Comu signed for a nine-show tour (a start date of April 19th) with George Greenberg (Fox Sports Net’s Executive Vice President, Programming & Production) with virtually nothing in the bank.”
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