Alanis Morissette Sues Over Lost Millions
Singer Alanis Morissette has filed a $A20.5 million lawsuit against her former business managers amid allegations of stolen funds.
The Hand in My Pocket hitmaker hit headlines this week after bosses at GSO Business Management launched legal action against company partner Jonathan Schwartz, who oversaw the musician's earnings until earlier this year.
They claimed $A6.41 million in earnings belonging to a "former client" are unaccounted for.
In their court papers, GSO officials accused Schwartz of lying about the missing millions, which he used to fund his lavish lifestyle, without his partners' knowledge.
They also revealed the client had threatened to sue the firm, and now Morissette has confirmed she is the wealthy customer at the centre of the legal battle by making good on her promise to seek damages.
In legal documents obtained by TMZ.com, Morissette reveals she hired GSO chiefs in 2007 to handle her funds, in the hopes of living off the interest.
However, she recently discovered $A10.9 million had been transferred from her investment accounts without her approval, and she is now demanding $15 million to make it right.
The 41-year-old, who is pregnant with her second child, alleges there was a "pattern of wrongful conduct" by Schwartz and other GSO officials, which she believes led to her lost finances.
The defendants have yet to comment on Morissette's suit.
According to TMZ.com, Schwartz's other clients include superstars Beyonce and Mariah Carey.