August 06, 2010 04:49:58 GMT
Peter Brant is accused of withholding 1.1 million dollars from Greg Montana and Michelle Decker, but his spokesperson calls the claims 'grossly exaggerated or inaccurate.'
Media mogul Peter Brant is facing more legal woes as he battles Stephanie Seymour in the divorce courts - he is accused of withholding $1.1 million (733,330 pound sterling) from two former employees. Former Interview magazine sales executives Greg Montana and Michelle Decker have filed suit against publisher Brant and the magazine's chief financial officer, Deb Blasucci, reports the New York Post.
The suit comes as Brant and former supermodel Seymour battle for custody of their three children. But a representative for the billionaire has dismissed the claims from Montana and Decker, insisting the publisher was only named in an effort to bring attention to the suit.
His spokesperson says, "Their claims are grossly exaggerated or inaccurate, at best. Peter Brant does not oversee day-to-day operations of Interview and was only named in the lawsuit to draw attention to it."