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UTA Accused of Fraud, Breach of Contract by MediaLink CEO Michael Kassan (EXCLUSIVE)
Michael Kassan, founder and CEO of MediaLink, has accused owner UTA of breach of contract and fraud in arbitration documents obtained by Variety.
Through a spokesperson, UTA said it had fired Kassen for cause following an “an exhaustive third-party investigation into misappropriation of company funds,” and has taken legal action against him in Los Angeles ( Variety could find no such filing at press time). The filing also says Kassan was told to cease offering executive search services for corporate clients in order to benefit of another UTA-owned company, the name of which was not disclosed. In light of these conflicts, Kassan resigned his post and waived a nearly $10 million severance package from UTA in order to retain his right to compete against them, the filing said.
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