Company alleges manager depleted assets

By Kelly Holleran | Jun 26, 2012


An entertainment company alleges one of its managers routed money away from the company and depleted its assets.

Fannett Entertainment filed a lawsuit June 14 in Jefferson County District Court against Jerry Golding.

In its complaint, Fannett claims Golding did not properly pay the company's profits and losses in addition to routing money away from the business.

When Fannett made attempts to obtain the complete record keeping books for the company, Golding refused to return them to the company, according to the complaint.

Fannett claims Golding breached his contract with the company.

It seeks an unspecified judgment, plus pre- and post-judgment interest at the legal rate, costs and other relief the court deems just.

Anthony Malley III of Moore Landrey in Beaumont will be representing it.

Judge Milton Shuffield, 136th District Court has been assigned to the case.

Case No. D192-567

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