Plaintiffs have been cheated out of their rightful interest in NOHO and defendants must now answer for their actions,” the lawsuit states. He was married to porn actress Jenna Jameson, who filed for divorce in 2006.
Law360, New York (August 26, 2014, PM EDT) -- Noho Inc.
was hit with a $5 million contract breach suit in California federal court Monday, by a man alleging he was cheated out of his rightful interest in Noho, which produces dietary supplement drinks designed to prevent hangover symptoms.
And seven months later Jenna Jameson looks ready to pop.
The 42-year-old Las Vegas native, who's expecting her third child, was snapped in West Hollywood, California on Saturday.
He claims that under his guidance the hangover beverages became international bestsellers.
In March 2012, Blatt claims, he agreed to take a 5 percent non-dilutable interest in Dolce rather than his 10 percent cut in NOHO, believing the terms were more favorable.He claims Grdina reneged on an agreement to issue him shares in the company.NOHO makes two beverages, The Hangover Defense, which is sold as a 2-oz.“Through their substantial investment of blood, sweat, tears and capital, plaintiffs built NOHO into a successful, publicly traded company.In return, NOHO and its CEO, pornographic actor turned entrepreneur, Jay Grdina, rewarded plaintiffs with dishonesty and broken promises.“If they refused, plaintiffs were informed that their interests would be canceled and the distribution agreement would be terminated.