ENTERTAINMENT

ALISSA VIOLET SUES FAZE CLAN OVER “PROMISED SHARES” FROM $300M ESPORTS ORG

WHAT HAPPENED?

This lawsuit from Violet, according to a report from the Washington Post, all stems from another series of lawsuits both she and FaZe were involved in.

The influencer claims in her suit that, back in 2018, she made a deal with FaZe to trade shares in Clout Gang (which Violet co-founded).

This trade was for shares in Hubrick Limited, which was working with FaZe to “develop both businesses.”

Later on in 2018 Violet, FaZe Clan, Clout Gang, and others sued Hubrick. claiming fraud.

According to Violet’s suit, she and FaZe entered into an “oral agreement” to end this legal tangle with Hubrick that required her to give up her stock in the company.

Once she did, FaZe allegedly promised her stock in the esports org to make up for that loss.

Violet claims in her complaint that she never received the promised shares from Faze, which is the whole reason for this new lawsuit.