Hefner Sued for Screwing Playboy
Hugh Hefner has been sued for living the good life and refusing to give it up for the sake of his company.
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.
In the lawsuit, an investment company that analyzed Playboy's business sent a note stating "we think the wildcard here is Hugh Hefner." The note continues, "If you were Hugh Hefner, 81, would you give up the parade of busty blonds, the fancy mansion and the reality TV show for a payout?"
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."
The suit laments, "Today, the price of a Playboy magazine is far higher than the price of Playboy common stock." In 1999, the stock sold for $36 a share. Today Playboy closed at $3.14. The magazine sells for $5.99 ... because of the articles.
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Volunteer-Man
Looks like another target for the Too Big To Fail fund. BHO Reid & Pelosi to the rescue.
mario
That is right, because of the articles huh! that is a good one.
DP
Good !!! I hope he gets screwed !!!!
NotsoSilent
sparker
Who cares what happens to lust-filled men?
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Remember Obama's evil twin Jimmy Carter? Remember how Carter "lusted" in his heart........I bet Jimmy is worried..all that Viagra and no place to go.....
chancetexas
The lifestyle itself falsely props up the image and value of the company.
boyahdoggie
IS that LITERALY or FIGURATIVELY screwing playboy?
Post Tenebras Lux
Literally?
Special Forces (Ret)
When the company's value gets down to the $1700.00 he had when he started it, he'll probably sell.
zorbee
PLAYBOY IS FOR OLD PEOPLE, BUT SADLY, THEY ARE IN THEIR GRAVES NOW AND COULD NOT RENEW THEIR SUBSCRIPTIONS....
NH4freedom
$36 a share and falling and you didnt dump it? You're a moron dude!
Kevin
He built it. It is his puppy. Leave him alone.
Alan W
Hey, it's his magazine and his life-style. Good for him. Leave him alone. All the shareholder wants is money (greedy bastard). On the other hand, Hef has it all (lucky bastard).
perry
He has lived the Greatest Life Ever of any Man in History.
VDR
Blame Bush!!
spinfree
Time to give it up Hef. Let go of the girl, take your pipe and pj's and head for the Smithsonian.
Bow Before Pres. Zodd
Screwing playboy haha , who new he could still do it . This shareholder sounds like a liberal crybaby . WWEEEYAAA !!! You bought the stock douchbag live with it
angryfreeman
Another Obama bailout target.
Fire Eater
It's Bush's fault.
spinfree
Time to give it up Hef. So let go of the girl, take your pipe and pj's and head for the Smithsonian.
keonimana
BLAME OPORNMO!!!
Da RueStir
Wait for it.....wait for it...... Today President Obama anounced the apointment of the Lust filled men Czar.
5LitreCat
As far as Heffner is concerned there are certain advantages to being broke, and in the Hole.
sparker
Who cares what happens to lust-filled men?
Da RueStir
Lust filled men care, don't tell me Obama is against lust filled men now!
NotsoSilent
Booby-land goes Bust!
Film at 11
Wonder if Hugh is gonna get "stimulis" dollars and we can count this as "jobs' saved?????
HArkansan
I think this share holder is SOL. When you buy a stock, you have to take into account all of the variables, especially management style and character.
Check me on this but, I think Heff's daughter in actually running operations at
Playboy. If a shareholder can sue Heff for mismanagement, half of the former
CEO's out there could be sued for poor business practices.
FaithHope&Charity
ha