Relativity Media punished by Aramid Entertainment

Aramid Entertainment, among Relativity Media's original traders, filed a suit against Relativity in La Superior Court Wednesday accusing the business of fraud together with other charges in relation to its handling in the Beverly film financing deal for that new the new sony Pictures.Complaintant is seeking restitution and damages having a minimum of $44 million. Equity finance giant Fortress Investment Group may also be among the accused.Suit, that's introduced as "the most effective heist tales ever told inside the movie business," is replete with accusations of wrongdoing and takes particular are equipped for Relativity topper Ryan Kavanaugh.Relativity reps did not immediately respond to a request comment.Films stated inside the suit include Sony's "Anonymous," "21 Jump Street" and approaching Adam Sandler pic "I Dislike You Father," which has since been retitled "That's My Boy."Suit alleges that Relativity elevated too big too rapidly, proclaiming that their unprofitable purchases of Rogue Pictures and Overture Films introduced with a massive overhead its finances couldn't sustain.More later on ... Contact Rob Sneider at rob.sneider@variety.com