Alanis Morissette Sues Management Company For Allegedly Stealing Millions

Truth rating: 10
Alanis Morissette Sues Manager

By Andrew Shuster

Alanis Morissette Sues Manager

(Getty Images)

Alanis Morissette has filed a $15 million lawsuit against her former management company, GSO, because one of its partners, Jonathan Schwartz, allegedly stole more than $4.7 million from the singer while managing her finances.

In her lawsuit, Morissette claims Schwartz transferred $8 million from her investment accounts without her knowledge, and at least $4.7 million went unaccounted for. The singer reportedly planned on not spending any of the money and instead wanted to just let it accrue interest. The discrepancy was discovered earlier this year when Morissette fired Schwartz and a new manager looked over her financial records. Morissette further alleges both Schwartz and GSO Business Management displayed a “pattern of wrongful conduct.”

But on Monday, GSO filed its own lawsuit against Schwartz over the situation, insisting the firm had no knowledge of and played no part in Morissette’s missing funds, claiming the business manager acted on his own. GSO’s other partners are currently seeking a court order to kick Schwartz out of the firm so that he would have to take all legal responsibility for the alleged crimes, and pay any judgment that’s ordered.

GSO’s suit against Schwartz further claims he used Morissette’s money to go on expensive vacations, pay off gambling debts, and support his lavish lifestyle. For his part, Schwartz claims he withdrew the money and invested it in a marijuana growing business for her, per the singer’s supposed request. Morissette, however, denies ever asking Schwartz to invest her money in such an operation, and, as noted above, says she just wanted it left alone. She is now seeking at least $15 million in damages.

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