Phoenix Suns, owner Mat Ishbia sued by minority owners over access to internal records

The Phoenix Suns and their new owner, Mat Ishbia, have been sued by the team's minority owners over access to internal records. The lawsuit alleges that Ishbia, who acquired a controlling stake in the team earlier this year, has denied the minority owners access to important financial and operational information. The plaintiffs, who are holdovers from the previous ownership group, argue that they have a legal right to review the team's records and that Ishbia's refusal to grant them access is a violation of their rights as minority owners. The lawsuit seeks to compel Ishbia and the Suns to provide the requested information, as well as unspecified damages. The dispute highlights the potential tensions that can arise when a new owner takes over a sports franchise with existing minority stakeholders. The case is ongoing, and the outcome could have significant implications for the future governance and transparency of the Suns organization.