"Matrix" Producer Sues Goldman Sachs

The Securities and Exchange Commission isn't the only big name suing Goldman Sachs these days. Mega-producer Joel Silver, known for such films as "The Matrix" and the "Lethal Weapon" series, filed suit against the beleaguered investment bank Monday, according to The Hollywood Reporter.

Silver claims Goldman offered him $30 million in exchange for a cut of the profits from films produced by his Dark Castle studio. The deal started in 2007 when Goldman looked into buying Alliance, a Canadian production company. Silver connected the bank with Societe Generale de Financement du Quebec Bureau, which has also funded Silver's Dark Castle, as a potential investor to help fund the purchase of Alliance. As part of the deal, Goldman was to pay Silver $35 million, later renegotiated down to $30 million.

Associate Editor

Lauren Williamson

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.