Jun 10, 2005 • 1 min read

Investment firm Agile sue Leonard Cohen

Colorado investment firm Agile is suing Leonard Cohen and business associate Robert Kory for civil conspiracy and extortion following a dispute over invested money.

More from the pop courts, and legendary singer songwriter Leonard Cohen is being sued by a Colorado based investment company called Agile over allegations of civil conspiracy and extortion. The litigation seems to follow a falling out between the singer and the investment firm, following which the former accused the latter of misappropriating his money.

In the lawsuit, Agile say Cohen and his business associate Robert Kory "have threatened to irreparably damage Agile's reputation in order to extort millions of dollars from Agile and its insurer".

That accusation is based on supposedly false claims allegedly made by Cohen and Kory that Agile “bears responsibility for the alleged misappropriation of Cohen's invested funds by Cohen's former manager”. The company say the two defendants also tried to, and on occasion did, persuade uninformed third parties to support their claims.

In their lawsuit Agile say that they: "seek a judgment against Cohen and Kory for all actual, compensatory, punitive and other damages as a result of Cohen and Kory's wrongful conduct. Agile is also asking that Cohen and Kory be prevented from publishing or disseminating false information concerning Agile for the purpose of disparaging and damaging its professional reputation".

Both Cohen and Kory are yet to comment on the lawsuit.

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