Alan Foster Rumors
Foster was accused of not being able to account for $1.5 million, before he then levied an allegation that LaVar had embezzled $2.5 million from their companies. Asked about the future of the company, considering Foster’s pending civil suit, LaVar went on the offensive. “Alan Foster, what he gonna do? Everything he’s done is false, it’s fake,” LaVar said. “It’s just like the documents that’s been signed. They’ll find out that he forged them. Therefore, I’m still gonna go forward… he don’t stop nothing. His last name is Foster. Originally, we are a family brand. I tried to help him out by bringing him into the family. That’s why I don’t worry about the things that he says, and the childish things.”
LaVar Ball is “restructuring” Big Baller Brand and plans to launch a new website, according to a company spokesman. The company has been effectively defunct for several months in the wake of a financial and legal dispute with his former business partner Alan Foster. The company’s previous website now redirects to a webinar featuring Foster.
“The Big Baller Brand is alive and well,” Denise White, a representative for LaVar Ball, told ESPN. “The brand has been restructuring and we are working to reveal the new website in the next few weeks. It will have a new look and new name (www.BigBallerBrandInc.com). “LaVar Ball has put a great team of seasoned industry professionals in place to move the brand forward with exciting new products along with signature shoes and sportswear under the Ball name. Unfortunately Alan Foster continues to try and leverage the Ball Family name for his own gain. Alan Foster is a convicted felon who served seven years in jail for defrauding people out of their money. He is a thief and con man and cannot be believed or trusted.”
Darren Rovell: The Big Baller Brand is officially dead. The site now forwards to the Baller Financial Network, created by LaVar’s former business partner Alan Foster, who the Balls are suing for allegedly embezzling $1.5 million from Lonzo.
LaVar Ball is firing back at his ex-BBB business partner Alan Foster … claiming the scathing allegations against LaVar in a new lawsuit are total BBBS. “Alan Foster’s claims are not only unfounded and devoid of any truth, but are an egregious attempt to turn the attention away from the millions of dollars that he embezzled from the Ball Family and the Ball Family Business,” Ball said in a statement. “Not only will LaVar Ball and his family continue to vigorously pursue their civil action against Foster seeking civil damages, but will also continue to cooperate with law enforcement in order to seek justice for his egregious actions.” “The Ball family are all united in relentlessly pursuing Foster for his grave injustices, and will always fight to protect the respected Ball family name, despite Foster’s futile attempt to defile it.”
Ramona Shelburne: Ball Family statement: “Alan Foster’s claims are not only unfounded and devoid of any truth, but are an egregious attempt to turn the attention away from the millions of dollars that he embezzled from the Ball Family and the Ball Family Business. Not only will LaVar Ball and his family continue to vigorously pursue their civil action against Foster seeking civil damages, but will also continue to cooperate with law enforcement in order to seek justice for his egregious actions.”