Vodka brand handed a lawsuit

Dec 7, 2011 - LegalZoom News Sources
Medea Vodka was recently handed a lawsuit by an investor who is unhappy with how the money he gave was allocated.

The Medea Vodka brand, which is endorsed by the likes of Jon Bon Jovi, Fran Drescher and Meryl Streep, was recently handed a lawsuit by an investor who is unhappy with how the money he put into the brand was allocated.

The website Monsters and Critics reported investor Joseph Lehey put $7.5 million into the Medea Vodka brand in hopes of getting the money back, plus more, thanks to strong sales. When things didn't go according to plan, Lehey decided to file a lawsuit against Medea Vodka for $15 million, alleging the product's creators overpaid themselves.

The defendants, scientist Dr. Tim Goldburty and Medea co-founders Matt Sandy and David Perillo, say that Lehey is an irrational individual who has made multiple physical threats to them in efforts to get his money back, according to the source.

The liquor, which is seen as a luxury brand, has become popular mainly because of its design, Monsters and Critics stated. The bottle displays glowing personalized messages of up to 240 characters and the website alleges the bottle is "Wi-Fi-capable" and an "electronically-powered illuminated display."

A bottle of Medea Vodka sells for just under $50, according to the spirit's website.