Suns sued by minority owners over records access
The Phoenix Suns are facing a lawsuit from two of their minority owners, Andy Kohlberg and Scott Selding. The lawsuit alleges that the team's new owner, Mat Ishbia, has denied them access to the franchise's internal records. The lawsuit claims that Kohlberg and Selding have a legal right to review the Suns' financial and operational records, but Ishbia has refused to provide them with the necessary information. The minority owners argue that this refusal violates their rights as shareholders and hinders their ability to make informed decisions about the team. The dispute highlights the tensions that can arise between majority and minority owners in professional sports franchises. Kohlberg and Selding are seeking a court order that would compel the Suns to grant them access to the requested records, as well as legal fees and any other appropriate relief.
Source: For the complete article, please visit the original source link below.
