Oct 16 2009 08:29 PM ET

Nicolas Cage sues former business manager for $20m

Categories: Lawsuits, Movies, News

Nicolas Cage has sued his former business manager for $20 million, according to the AP. Cage filed the suit today in Los Angeles against Samuel J. Levin and his firm, managed Cage’s business affairs from 2001-2008. “Instead of protecting and preserving Cage’s wealth during one of the greatest economic periods in the country’s history, Levin placed Cage in numerous highly speculative and risky real estate investments, resulting in Cage suffering catastrophic losses,” the lawsuit stated.

Comments (1-4) of 4 Add your comment

  • ErinB

    Makes me wish we could all sue our stockbrokers. ‘Fraid that’s not whole the real world works.

    • ErinB

      Darn it, meant “how” the real world works.

  • Harry Peters

    He should sue his talent agent for getting him into crappy movies. But I guess when you can’t act you take what you can get.

  • Pat in Hbg PA

    That explains “Wicker Man.”

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