Hugh Hefner getting sued BY Playboy. It appears the shareholders of Hugh’s company aren’t so happy that the price of stock is lower than the cost of one issue of the magazine. Ouch. Shareholders are blaming Hugh and want a piece of his aging hide.
More pictures of Hugh and his bunnies after the hop…
Even though Hugh is the main shareholder, the others can work together against him, especially if the company is a sinking ship. According to TMZ:
We’ve obtained a class action lawsuit filed by a Playboy shareholder who claims the company is falling apart and Hugh has intentionally sabotaged two potential deals in the last 6 months to sell the company at a decent price.
The suit goes on … “Hefner has continued to live the good life and make sure everyone knows it. Hefner remains in the limelight, showing up at media events and at the Playboy mansion … with his girlfriends by his side.”
Do you think Hugh really cares? He is 83 years old…he can’t live forever. Will Playboy be able to turn it around?
Photos: Fame
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