Lawyers at CAA were alarmed by the leaks, which could bring far more pain than bad publicity.
It was January, days after news spilled that it had lost a legal battle over the high-profile exits of four agents — Jack Whigham, Dave Bugliari, Michael Cooper and Mick Sullivan — who left to help Peter Micelli start management firm Range Media Partners in 2020.
By all appearances, it was an overwhelming defeat for the agency. An arbitrator had sided with the Range founders that CAA breached their contracts and fiduciary duties to them when it cancelled their equity in the wake of their departures, a ruling that could net the agents’ millions of dollars each.
Perhaps more importantly, CAA’s counterclaims accusing the agents of stealing trade secrets on their way out and starting a rival agency that masquerades as a management firm were rejected. Within a month, those details made the trades. “We
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