Scooter Braun, the music manager who discovered Justin Bieber and made enemies of Taylor Swift, is entangled in a court struggle with a former business partner over a failed $750-million fund.
Braun, his company, Ithaca Holdings, and another industry partner David Bolno were sued for fraud as well as breach of contract by Peter Comisar , who is a Goldman Sachs partner and the former Guggenheim Securities vice-chairman. According to a charge filed in Los Angeles County Superior Court on Tuesday, the suit demands more than $50 million in damages. According to the lawsuit, the issue arises from a disagreement over Scope Capital Management, a now-defunct Los Angeles investment firm that the two planned to co-own to capitalize on “the confluence of media, commerce, and consumer brands and celebrity association.” Braun allegedly enticed Comisar away from his job at Guggenheim Securities in February 2017 with promises of deep-pocketed contacts with …