Jessica Simpson and her father, Joe, have reportedly been sued by a man named Jeffrey Bowler, who claims he was entitled to a chunk of change from the 35-year-old singer after she sold the majority stake of her fashion company, The Jessica Simpson Collection.
According to TMZ, Jeffrey says he made a deal with Papa Simpson for a 10 percent finder’s fee after he allegedly found a buyer for the retail company. The case is a little more complicated, as the plaintiff alleges it was a verbal agreement made over the phone — and never in writing — about a decade ago.
Jessica, her husband Eric, sister Ashlee and kids Maxwell and Ace celebrate a launch for the pop singer’s eponymous collection. (Photo Credit: Getty Images)
Earlier this year, the mother-of-two sold the majority stake of her business for a reported $120 million — and Jeffrey insists he’s entitled to 10 percent (or $12 million) from Jessica and her family.
As TMZ notes, this is interesting because Jessica’s clothing brand has long been hailed a “billion-dollar empire” — and if the majority stake was a mere $120 million, this likely isn’t the case (unless the billion refers to the company’s gross sales).
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Regardless, don’t expect Jessica to forking over any money any time soon!
A rep for Mrs. Eric Johnson tells TMZ she “has never met Mr. Bowler nor has she ever had any dealings with him whatsoever.”
Meanwhile, Jessica’s father, Joe, has allegedly taken a stronger stance — as Page Six reports the 57-year-old grandfather has since countersued Jeffrey Bowler, claiming he’s trying to extort Joe and his family.