Hugh Hefner Sued Over Playboy High Life

Roberta @ Gone Hollywood | Monday, February 8, 2010

Hugh Hefner is being sued by Playboy shareholders over living the high life and not selling the company at a reasonable and profitable price.

A Playboy shareholder claims that the company is falling apart and Hef has intentionally sabotaged two potential deals in the past six months to sell off the company at a decent price.

TMZ reports:

In the lawsuit, an investment company that analyzed Playboy’s business sent a note stating “we think the wildcard here is Hugh Hefner.” The note continues, “If you were Hugh Hefner, 81, would you give up the parade of busty blonds, the fancy mansion and the reality TV show for a payout.?”

The suit goes on … “Hefner has continued to live the good life and make sure everyone knows it. Hefner remains in the limelight, showing up at media events and at the Playboy mansion … with his girlfriends by his side.”

They are claiming that Hef is running over them by not grabbing the profit while he could. They are seeking unspecified damages.

Of course he’s living it up, wouldn’t you at that age?

source: Hugh Hefner Accused Of Screwing Playboy – [tmz]