It’s not so good news for the three older Kardashian sisters, Kim, Khloe and Kourtney as they have been slammed with a $180 million lawsuit over their beauty product -‘Kardashian Beauty.” According to TMZ, the suit was filed by Hillair Capital Management who accused the sisters of refusing to promote the makeup line.
In 2012, the sisters reportedly teamed up with a company called Boldface for the makeup collection ‘Kardashian Kroma’, but they would later drop the ‘Kroma’ from the name because of trademark issues. Later, Bolface hit financial issues and the company was bought by Hillair Capital Management which plunged $10million into the Kardashian beauty line.
But the sisters allegedly refused to promote the makeup line, leading to its failure in the market. Reports say that the court said the sisters had to be the “faces of the line, and actively promote, market and support the line.”
Some of the accusations leveled on the sisters include, breach of contract, fraud and deceit, breach of covenant of good faith and fair dealing, breach of fiduciary duty, promissory estoppel and negligent misrepresentation.
To recoup, Hillair is not only asking fro their $10 million back, they are reaching for the lost profits, all of which they claim totals over $180 million. The company says that the Kardashian intentionally sabotaged the makeup line.