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Dodgers owner Mark Walter sued over alleged failure to disclose probe

Dodgers owner Mark Walter and multiple insurance companies he owns have been sued, alleging they failed to disclose an ongoing federal probe to customers while directing policyholders’ money into Walter’s other companies.

The lawsuit lists Walter, Delaware Life Insurance Co., Clear Spring Life and Annuity, TWG Global Holdings and Walter’s Guggenheim Partners investment firm as defendants.

Ira Rosner, a 67-year-old Florida man, brought the class-action lawsuit in U.S. District Court in Miami on Wednesday. He purchased a policy from Delaware Life in April and he had until late May to withdraw his money without penalty. However, the company did not disclose the investigation to him until June,

Rosner is seeking a jury trial in the lawsuit that seeks damages for negligent misrepresentation, breach of contract and aiding and abetting fraud.

TWG Global didn’t immediately respond to a request for comment on the lawsuit.

Walter has been under investigation since last year by the U.S. Attorney’s Office in Manhattan and the Securities and Exchange Commission following a whistleblower complaint regarding alleged misrepresented loans made between companies within his business portfolio.

TWG Global Holdings is the holding company through which Walter controls Delaware Life, Clear Spring Life and Annuity Co. and his stake in Guggenheim Partners. TWG Global denied any wrongdoing involving the probe in a statement last month.

Walter and co-owner Todd Boehly sold their stakes in English Premier League club Chelsea this week. Last month, Walter agreed to sell the Lakers in a surprise move less than a year after buying the NBA franchise from the Buss family. The deal is under review by the league.

The Dodgers have been adamant that Walter has no plans to sell the baseball team.

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Taylor Sheridan sued by writer claiming he stole ‘Yellowstone’ idea

A lawsuit filed in federal court on Friday accuses writer and director Taylor Sheridan of stealing the idea for his powerhouse success “Yellowstone” from Lauren J. Salkin, a Virginia-based journalist and screenwriter.

Requests for comment from representatives for Sheridan, Paramount and NBCUniversal, all among those named as defendants in the lawsuit, were not immediately returned on Saturday.

The lawsuit says that Salkin spent more than 10 years developing a series to be called “Sovereign Nation,” which is described as “a dramatic television series centered on tribal governance, casino-driven economic power, and a modern war over land and development” with the overall project copyrighted beginning in 2010 and a specific pilot script copyrighted in 2016.

Having submitted the project to Sheridan’s management company, Elevate Entertainment, in February 2017, according to the filing, Salkin later received an email message that included the statement, “Taylor thanks you very much for your interest. Unfortunately, he’s unavailable for TV projects.”

Soon after, Paramount greenlit Sheridan’s “Yellowstone” project, with the first episode airing on June 20, 2018.

The lawsuit goes on to catalog a list of similarities between “Sovereign Nation” and “Yellowstone,” stating, “What then appeared in ‘Yellowstone’ was not merely another Western about land or family. It included specific expressive choices already embodied in Salkin’s materials.”

Kevin Costner in a cowboy hat and a dark suit in "Yellowstone."

Kevin Costner in “Yellowstone.”

(Paramount)

Actors Gil Birmingham and Danny Huston were mentioned in Salkin’s original pitch deck as potential casting ideas for her show. Both would later appear on “Yellowstone.” The lawsuit goes on to say that the subsequent “Yellowstone” spinoffs “1883,” “1923,” “Marshalls” and “Dutton Ranch” are therefore also based on Salkin’s work.

The lawsuit states, “Copyright law does not protect the abstract idea of a Western, a land dispute, an Indian casino, or a powerful family — and that is not Plaintiff’s claim. The infringement alleged here lies in the copying of Salkin’s particular expressive choices and their coordinated selection and arrangement.”

The lawsuit asks for a jury trial, an injunction against ongoing and future copyright infringement and unspecified damages.

“Yellowstone” ran for five seasons from 2018-2024. Sheridan, who is also behind shows such as “Tulsa King,” “Landman” and “Mayor of Kingston,” is set to move his production company from Paramount to NBCUniversal in 2029. Sheridan was also nominated for an Academy Award in 2017 for best original screenplay for the neo-western “Hell or High Water.”

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