Recently it was revealed that Russell Simmons filed a lawsuit against his ex-wife Kimora Lee Simmons and her current husband Tim Leissner for allegedly using his shares from the energy drink company Celsius to fund Tim’s legal fees. Now Kimora’s legal team has responded to the lawsuit on her behalf.
On Thursday, Kimora’s legal team released a statement and said:
“Kimora and her children are shocked by the extortive harassment coming from her ex-husband, Russell Simmons, who has decided to sue her for shares and dividends of Celsius stock in which Kimora and Tim Leissner invested millions of dollars. This is an ill-advised attempt by Russell to use the legal system to access funds he is in no way entitled to, and which his own legal team confirms Russell did not pay for.
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Russell’s continued aggressive behavior not only blatantly distorts the facts, but is simply a desperate PR ploy ignoring the years of mental and emotional anguish, gas lighting, and ongoing harassment he has inflicted on Kimora.
Russell will be held accountable for his serial abuse and we will confront his baseless claims that he is warranted Celsius stock dividends despite his self-admitted zero contribution. This extortion attempt is especially egregious given that Russell remains contractually in debt to Kimora for millions of dollars in unpaid business loans. Our team is actively working to put a firm end to his harassment, which continues despite Russell having fled the country – he will face his own reckoning in the US court.”
As we previously reported, in the documents obtained by The Blast, Russell alleges that Kimora and Tim obtained his shares without his knowledge or consent, and used them for Tim’s bail after he was accused of conspiracy to launder money and violate foreign anti-bribery laws. He later pled guilty to the charges against him.
The site also noted that Russell reportedly sent a letter to Kimora encouraging her to do what was right prior to filing his lawsuit.
Russell has yet to publicly speak out about the lawsuit.
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TSR STAFF: Jade Ashley @Jade_Ashley94
