Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More

An annoying thing happened to David Ellison and Paramount today on the way to taking over Warner Bros Discovery — he got sued for $1.5 billion over a beef a self-declared confidant of Jeff Shell‘s has with the Paramount president.

As exclusively reported by Deadline on March 16, the wide ranging lawsuit against the CEO, Paramount brass and big daddy Larry Ellison from would-be professional gambler R.J. Cipriani was filed today. To be specific, along with Jeff Shell, his wife Laura Shell, the Ellisons, Paramount itself, RedBird Capital Partners, Ellison close advisor Gerry Cardinale, COO Andy Gordon and a bunch of other Paramount bigwigs.

Ready for the filing, Paramount was quick to respond this AM in blunt fashion.

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“Paramount is aware of the frivolous lawsuit and believes the claims are entirely without merit,” a company spokesperson told Deadline. “There is no

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