If you want to hear something weird from the legal system, look no further. I’m not sure how I could actually top this one, even if I wanted to. Stephen Baldwin and a friend named Spyridon Contogouris are suing Kevin Costner over shares the two owed in Costner’s company CINC (Costner In Nevada Corporation). As it turns out, the pair believe they were wrongly tricked by Costner and company into selling their shares of the company two days before Costner’s company made a deal to help clean up the Gulf oil spill caused by the Deepwater Horizon disaster.
In one stock transfer, Costner went from Gulf hero to insider trading villain, at least according to Baldwin and Contogouris. The pair sold their shares, believing Costner had also left the company and that CINC was failing. A few days after Baldwin’s shares were sold back, Costner and company then sold their technology to BP for $52 million dollars. Now Baldwin and Contogouris, who between them owned 38 percent of Ocean Therapies Solutions with Costner’s company, are suing for their fair share of BP’s money.
Tags: Stephen Baldwin, Kevin Costner, Stephen Baldwin suing Kevin Costner, Kevin Costner sued by Stephen Baldwin, unusual lawsuits, law and order, celebrities, Spyridon Contogouris, CINC, Costner In Nevada Corporation, insider trading, Deepwater Horizon, Ocean Therapies Solutions