Investors Suing Private Make New Allegations

CARSON CITY, Nev. — The legal battle over the control of Private Media Group continues to offer eye-popping allegations in court filings.

On Friday, a group of Private Media Group shareholders, led by Consipio Holding BV and former CEO Ilan Bunimovitz, filed a brief with the Nevada Supreme Court alleging that since the company's court-appointed receivership took hold nearly two weeks ago the company has been awash in scandal.

Among the allegations, Private CEO Berth Milton was said to have removed $24,000 in Private funds from company bank accounts without the receivership's consent and refused the receiver's entry into the office's building on the chief executive's orders.

In addition, Milton, according to an opposition to Private's emergency stay of order appointing a receiver, "attempted to transfer the valuable Internet domain name 'Private.com' from the corporation's name into his own name without the receiver's knowledge or consent."

But Private spokeswoman Leslie Amadio told XBIZ that the allegations that surfaced Friday are "unfounded and not true."

" First and foremost, Berth Milton does not have the power to sign for bank transfers or trademarks," Amadio said. "The money which was paid to Berth by accounting was to cover his normal salary that was due to him.

"In regards to the domain name, per a confirmed statement from an employee that manages Private's domain names, no such act or action was ever taken by Berth Milton in an attempt to 'transfer the valuable Internet domain name 'Private.com' from the corporation's name into his own name.'"

Last month, a Clark County, Nev., judge ordered a receiver to take control of all company's assets. Eric Johnson, a Private director and CEO of Private division Sureflix, was tapped for the slot.

That ruling is being challenged by Private's management at the Nevada Supreme Court.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Ukrainian Content Creators on Hook for Nearly $10M in Back Taxes

Content creators in Ukraine owe the equivalent of $9.3 million in back taxes, according to the country's State Tax Service.

Jade Venus, Aubrey Kate Star in Latest From Evil Angel

Jade Venus and Aubrey Kate star in a scene from Evil Angel titled “TS Aubrey & TS Jade Do 3 Uniformed Men.”

Jonni Darkko Drops New Evil Angel Blowbang With Connie Perignon

Connie Perignon stars in the latest Evil Angel blowbang release from director Jonni Darkko.

Octokuro, Matty Mila Lead Latest From Parasited

Octokuro and Matty Mila star in “Respawn” from Parasited.

Lilly Bell Fronts Latest From Blacked Raw

Reigning XMAs Girl/Girl Performer of the Year Lilly Bell stars with Chocolate Rod in the latest release from Vixen Media Group (VMG) studio imprint Blacked Raw.

European Patent Office Board of Appeals Revokes EIS GmbH Patent

The European Patent Office (EPO) Board of Appeals last week ruled in favor of pleasure brand LELO in the company's ongoing dispute with Satisfyer parent company EIS GmbH.

Abigaiil Morris, Girthmasterr Star in Latest From Brazzers

Abigaiil Morris and Brazzers exclusive Girthmasterr star in the latest scene from Brazzers, titled “Smile! Thick Dick, DMD Is Ready to Drill.”

Taylor Upton Makes Her WIFEY Debut

Taylor Upton stars with her husband Bill and Isiah Maxwell in the latest release from Vixen Media Group studio imprint WIFEY.

Connie Perignon Returns to Elegant Angel for 'Connie's Curves'

Connie Perignon stars with Brad Newman in the new release from Elegant Angel, titled “Connie’s Curves.”

Yhivi Makes Her Deeper Debut

Yhivi has made her debut for Vixen Media Group (VMG) studio imprint Deeper, alongside Dante Colle in “Nice to Meet You.”

Show More