Lately it was revealed that Russell Simmons filed a lawsuit in opposition to his ex-wife Kimora Lee Simmons and her present husband Tim Leissner for allegedly utilizing his shares from the vitality drink firm Celsius to fund Tim’s authorized charges. Now Kimora’s authorized staff has responded to the lawsuit on her behalf.
On Thursday, Kimora’s authorized staff launched an announcement and mentioned:
“Kimora and her kids are shocked by the extortive harassment coming from her ex-husband, Russell Simmons, who has determined to sue her for shares and dividends of Celsius inventory through which Kimora and Tim Leissner invested tens of millions of {dollars}. That is an ill-advised try by Russell to make use of the authorized system to entry funds he’s on no account entitled to, and which his personal authorized staff confirms Russell didn’t pay for.
Russell’s continued aggressive conduct not solely blatantly distorts the details, however is just a determined PR ploy ignoring the years of psychological and emotional anguish, gasoline lighting, and ongoing harassment he has inflicted on Kimora.
Russell might be held accountable for his serial abuse and we’ll confront his baseless claims that he’s warranted Celsius inventory dividends regardless of his self-admitted zero contribution. This extortion try is very egregious on condition that Russell stays contractually in debt to Kimora for tens of millions of {dollars} in unpaid enterprise loans. Our staff is actively working to place a agency finish to his harassment, which continues regardless of Russell having fled the nation – he’ll face his personal reckoning within the US courtroom.”
As we previously reported, within the paperwork obtained by The Blast, Russell alleges that Kimora and Tim obtained his shares with out his data or consent, and used them for Tim’s bail after he was accused of conspiracy to launder cash and violate overseas anti-bribery legal guidelines. He later pled responsible to the costs in opposition to him.
The location additionally famous that Russell reportedly despatched a letter to Kimora encouraging her to do what was proper previous to submitting his lawsuit.
Russell has but to publicly converse out concerning the lawsuit.
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TSR STAFF: Jade Ashley @Jade_Ashley94
