Ric Flair Sues FAM Networks in $10M Lawsuit Over Alleged Digital Fraud
WWE legend Ric Flair has filed a $10 million lawsuit against talent management agency FAM Networks, alleging digital fraud and breach of contract. The suit claims that the company tricked him into signing an agreement granting them extensive rights to his name, image, likeness, and commercial identity in exchange for promised revenue-generating opportunities. Instead, Flair alleges FAM failed to deliver on these promises and mismanaged or withheld income from social media activity tied to his brand. According to the complaint filed on September 5 in New York, Flair signed the contract without legal review despite a clause stating it had been negotiated with counsel present. The agency allegedly repurposed old content for Flair’s Facebook page while collecting substantial monthly revenue and transferred ownership of the account into its corporate portfolio, costing him potential advertising deals. Flair claims he has already lost at least $250,000 in income due to FAM's actions and expressed strong intent to pursue justice. The case is not his first legal battle; Flair previously sued a cannabis company alongside Mike Tyson for similar allegations of fraud.
