Saturday, January 8, 2011

Sharp News: The Kardahsian Kard Deal Gone Bad....$75 Million Dollar Lawsuit


TMZ.com has reported that the Kardashian's have a hard time keeping up with the fine print of their business deals. The kard was placed under heavy questioning after review of its practices and fees here's what TMZ reported The Kardashians aren't being let off as easy as they might have assumed 

The family fired off a "Notice of Termination" to the companies behind the Kard moments ago -- stating they're sick of the "negative spotlight" since the Attorney General of Connecticut opened an investigation to determine if the Kard violates consumer protection laws. ??The A.G. was concerned over several fees associated with the Kard -- which reportedly costs $9.95 to own ... plus 12 monthly fees of $7.95. It also costs $1.50 every time the owner wants to add money to the Kard. ??In the letter, obtained by TMZ, Kardashian lawyers write, "The Kardashians have worked extremely long and hard to create a positive public persona that appeals to everyone, particularly young adults." ??The lawyers claim the investigation "threatens everything for which [The Kardashians] have worked" -- so the family has decided to "terminate the agreement ... effective immediately."


The Revenue Resource Group filled a lawsuit for its loss and bad press:


The Revenue Resource Group, LLC filed a lawsuit in Fresno, CA claiming the Kardashians breached their contract when they pulled out of a deal to be the faces of a controversial MasterCard-approved prepaid debit card. ??As we previously reported, the K-ladies claimed they quit the deal because they had no idea the card was loaded with hidden, possibly illegal fees ... fees that caused the Attorney General of Connecticut to open an investigation into the card. ??Revenue Resource Group claims the sisters signed a two-year deal that they should have honored -- and since the fam backed out, RRG has been crushed by a wave of bad publicity. ??RRG wants the women to fork over more than $75 mil to make things right. ??So far, no comment from the Kardashians.

  Wow monthly fees of 59.95 for a prepaid debit card, I'm sure if no one would have questioned them this deal would have went unnoticed and the Kardashians would have been laughing all the way to the bank.


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