Former Playmate Among Investors Sued for Fraud in L.A. Nightlife Legal Fight (Exclusive)

10:58 AM PST 02/12/2014 by Merle Ginsberg & Gary Baum
AP Images
Jayde Nicole

Fellow investors seek $5 million from Jayde Nicole, who also is a reality TV veteran, and her business partners in top Hollywood club AV.

A version of this story first appeared in the Feb. 21 issue of The Hollywood Reporter magazine

Top Los Angeles nightclub AV -- frequented by the likes of Leonardo DiCaprio and Lil Jon and which hosted the SAG Awards afterparty in January -- is in the midst of a nasty investor rift, THR has learned.

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Two minority investors, businessman Erik Litmanovich and Kobi Danan, a partner in nearby club Sound, have enlisted Charlie Sheen's attorney Marty Singer to sue the rest of the principals for $5 million, according to a lawsuit quietly filed in Los Angeles Superior Court on Jan. 17.

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The claim accuses a group of veteran nightlife operators as well as onetime Hills fixture and 2008 Playmate of the Year Jayde Nicole of using AV "as their own personal piggy bank," describing them as "swindlers" and "hustlers" who have committed "brazen acts of fraud."

Read the Full Complaint Here

A lawyer for 1601 N. Cahuenga, the entity that runs AV, would not comment.

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