Per an exclusive by The Independent, WWE Hall of Famer “The Nature Boy” Ric is suing digital talent agency FAM Networks.
Flair claims he was duped into signing away the rights to his own image and likeness for a promised six-figure monthly revenue stream that allegedly never came to pass.
According to the $10 million lawsuit obtained by The Independent, Flair said spent four decades “building something…through his body, his blood, his pain, his persona, his craft and his commitment to excellence at a level that only sixteen world championships can describe.”
The complaint alleges FAM “waited until he needed help managing the digital legacy of everything he had built, presented him with a document he was not equipped to understand, told him he had lawyers when he did not, gave him fourteen minutes to read it, and walked away with a perpetual license to his identity.”
Speaking by phone from his Florida residence, the 77-year old Flair told The Independent, he “wants to bury” the people at FAM Networks, as he lost out on at least $250,000 in revenues so far.
The report also notes per Flair lawsuit, he is seeking at least $5 million for breach of contract and at least $5 million for fraudulent inducement:
Fliehr is now asking a judge to rescind the agreement with FAM, to order control of his Facebook page returned to him, a declaratory judgment stating that FAM has no right to his name, image, or likeness, and for a ‘complete accounting of revenues generated in his name.‘
He is also demanding compensatory damages, among other things, of at least $5 million for breach of contract; compensatory and punitive damages of at least $5 million for fraudulent inducement; compensatory damages to be determined at trial for violations of New York Civil Rights Law; compensatory and punitive damages for tortious interference with prospective economic advantage, also to be determined at trial; and disgorgement of all amounts by which FAM ‘has been unjustly enriched at [Fliehr’s] expense,’ plus attorneys’ fees and court costs.
The complain also states that when Flair signed the contract with FAM, the company was already in the midst of an almost identical lawsuit involving ufologist Steven Greer and further indicates FAM failed to disclose this information to Flair before he signed the agreement.
Furthermore, per The Independent, FAM has offices in Los Angeles and New York and messages sent to five different departments by the news outlet all came back as undeliverable. As of Tuesday, the contact form on the FAM website is not working and there is no publicly listed phone number to reach a representative at the company.
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