Anderson 360: Lawsuits + J Randy Taraborrelli

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ANDERSON COOPER 360 DEGREES

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Aired November 17, 2004 - 19:00 ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

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But next on "360," Michael Jackson -- interesting transition, faces another lawsuit. We'll tell you why he's being sued this time.

(COMMERCIAL BREAK)

COOPER: Well, tonight Michael Jackson's latest hits. We're not talking about the king of pop's just released box set, Jackson has been hit with another lawsuit. Now, he's being sued by a former business partner, a former porn producer who claims that Jackson owes him some $3 million in loans and producing fees. Jackson's camp denies that. Now, this lawsuit got us wondering just how many people are suing Michael Jackson?

CNN's Miguel Marquez tried to find out.

(BEGIN VIDEOTAPE)

MIGUEL MARQUEZ, CNN CORRESPONDENT: Michael Jackson, sued again, this time by a former producer who wants $3 million.

UNIDENTIFIED MALE: The Michael Jackson interview, the footage you were never meant to see.

MARQUEZ: Mark Schaffel, says the money is owed for two videos he produced rebutting Jackson's portrayal in the controversial Martin Bashir documentary that aired on ABC last February. And also that over the years he loaned Jackson over $2 million.

J. RANDY TARABORRELLI, JACKSON BIOGRAPHER: Michael's been sued by former business managers, accountants, investment bankers, former employees.

MARQUEZ: Jay Randy Tarabarelli has known Michael Jackson since he was 10-years-old and wrote a biography of the embattled pop star. He says Jackson is no stranger to lawyers or courtrooms.

TARABORRELLI: Over the course of the last 35 years Michael's been sued roughly 40 times a year.

MARQUEZ: Tarabarelli, says some of the suits may have merits but many of them are by people seeking money because Jackson flaunts his wealth and is seen as an easy target.

TARABORRELLI: He brings to the table a sort of cluelessness that people with whom he does business with believe that maybe they might be able to, you know, sue him and perhaps profit from it.

MARQUEZ: Sources close to Jackson say the pop star has been sued for, among other things, stealing the moonwalk, also by an herbalist who claims Jackson failed to pay him for his herbal compounds, and by a makeup artist who claims Jackson didn't call when he said he would.

TARABORRELLI: I think he is a magnet for lawsuits. But I think the reason has to do with his personality more than it does his finances.

MARQUEZ (on camera): The story of this latest lawsuit may be more complex. In Jackson's current criminal case Mark Schaffel's home was searched by Santa Barbara County sheriff's deputies. Michael Jackson's lawyers tell CNN they hope to have a statement soon on this latest lawsuit.

Miguel Marquez, CNN, Los Angeles.

(END VIDEOTAPE)

Source: http://transcripts.cnn.com/TRANSCRIPTS/041.../17/acd.01.html
 
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