Stephen Baldwin Suing Kevin Costner Over BP Oil Disaster Deal
New Orleans, LA, United States (CNS) – Stephen Baldwin is suing fellow actor Kevin Costner for apparently duping him in the wake of the BP oil disaster earlier this year. The youngest of the Baldwin brothers claim that the “Dances with Wolves” star and his business partners tricked him into selling shares in a company that builds machines that separate oil from water.
According to the lawsuit filed in Louisiana federal court, and obtained by TMZ, Baldwin decided to become a 10 percent partner in an invention backed by Costner himself in April. The said device separates oil from water, and was developed during the filming of Costner’s “Waterworld.”
Apparently, Costner and his partners duped Baldwin by making it seem that the Oscar-winning actor had already sold his shares in the company, but he was still heavily invested.
Baldwin also said that the company misrepresented that there was no deal to sell the device to BP. He was allegedly duped into selling his shares back to the company so Costner and his partners could earn more in an already signed deal with BP that is valued at more than $52 million.
Baldwin is seeking for unspecified damages.
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