Johnny Depp Blasts Former Business Managers, Says Claims He Squandered Fortune A ‘Smear’ Campaign

The lawsuit filed by Johnny Depp against his former managers is getting uglier, with lawyers for the “Pirates of the Caribbean” star filing court documents this week containing alleged “additional evidence of illegal conduct” by the firm that had handled Depp’s finances.

Earlier this year, Depp filed a $25-million lawsuit against Joel and Robert Mandel — and their company The Management Group (TMG) — accusing them of shady dealings that cost him millions, alleging “professional negligence, breach of fiduciary duty as trustee, fraud in the inducement, fraudulent concealment, constructive fraud, negligent misrepresentation, unjust enrichment, wrongful foreclosure, declaratory relief and accounting.”

In response to the suit, the Mandels accused Depp of creating his own financial problems by living an ultra-extravagant lifestyle, claiming Depp’s living expenses topped $2 million per month and filing a countersuit saying the firm “did everything in its power” to keep Depp from spending more than he earned.

RELATED: Johnny Depp’s Lawyer Responds To Ex-Managers’ Cross-Complaint In $25M Lawsuit, Alleges ‘Large And Multi-Faceted Mosaic Of Wrongdoing’

According to a report in People, Depp lawyer Adam Waldman is firing back, telling the magazine that “they have no viable defense other than to follow through on their stated plan to attempt to smear Mr. Depp.”

According to People, Depp’s legal team filed a complaint on Monday that claims to “have uncovered additional evidence of illegal conduct by TMG around bank loans.” Depp’s lawyers, state the court documents, contend that one of Depp’s former business managers “snuck self-serving provisions into a bank loan agreement in a scheme to grab millions of dollars in payments for himself and other advisors on Mr. Depp’s film residuals.”

Waldman told People: “Today we have shown definitively that TMG systematically failed to pay Mr. Depp’s taxes on time for 16 straight years, leading to at least $8.3 million in penalties for Mr. Depp according to the IRS and the law firm that TMG itself hired.”

RELATED: Amber Heard, Johnny Depp Divorce Finalized: Who Gets What?

Responding to the new court filing, a spokesperson for TMG told People that “Johnny Depp’s amended complaint confirms there’s ‘no there there.’ Depp backs away from his most inflammatory claims in his original complaint and tries to fill the void by rehashing previous false allegations. TMG looks forward to setting the record straight and further exposing Depp’s persistent lies.”

Waldman begs to differ, and slammed that claim by telling People that “evidence supporting Depp has been redacted from the complaint at the request of TMG attorneys,” adding: “In today’s filing, the only ‘there that isn’t there’ is the new evidence that the Mandels have gone to great lengths to temporarily seal from the public’s view.”  

As for his client, Waldman says that Depp “is otherwise focused on his work, recently filming ‘Murder on the Orient Express’ and ‘LAbyrinth. He is looking forward to the release in May of ‘Pirates of the Caribbean: Dead Men Tell No Tales’.”

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