Last week, we reported on some legal troubles for Diamond Distribution owner Steve Geppi, including what appeared to be a $500 million lawsuit filed by the heirs of Archie artist Bob Montana. After looking at the court documents, the actual amount of the suit is only $500,000. (We’ve corrected the original story.) The case involves the 2007 sale of some 2000 pieces of Montana artwork to Geppi and his Diamond International Galleries for $1 million, to be split into four payments. Geppi missed the June, 2009 payment, and the heirs are now suing for the remaining half million.
A response to the complaint was filed this week, but court documents are not yet available.
Heidi MacDonald is the founder and editor in chief of The Beat. In the past, she worked for Disney, DC Comics, Fox and Publishers Weekly. She can be heard regularly on the More To Come Podcast. She likes coffee, cats and noble struggle.