Snubbed Fox Mobile Buyer Launches $100M Suit

Law360, New York (April 23, 2013, 10:45 PM EDT) -- The CEO of business services firm AF Double Eagle Inc. on Tuesday sued his former partners in a deal to buy Fox Mobile Group for $100 million, saying they bought the News Corp. unit out from under him.

In a complaint filed in California state court, Double Eagle CEO Aidan Foley accused father-son duo Elliot and Jason Aintabi of telling Double Eagle that they could not purchase Fox Mobile on their own, but then getting around this contractual restriction by forming a company called Jesta Group...
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