by Nahlah Abdur-Rahman
February 25, 2026
Banks needs $50K in damages and different compensation from her former enterprise companion.
Tyra Banks is settling all scores as the previous “America’s Subsequent High Mannequin” host sues an ex-business companion for $50,000.
Banks filed a civil grievance towards the undisclosed enterprise companion with the Los Angeles County Superior Court docket. Banks claims the collaborator failed to satisfy contractual agreements to pay up for his or her enterprise, main the retired supermodel to take authorized motion.
WBLS reviewed the court docket paperwork Feb. 24, including that the grievance says the unidentified enterprise companion missed funds on tasks associated to their enterprise. This incapability to satisfy their share of economic commitments and providers added additional monetary woes for Banks, inflicting her to lose a major sum of money within the course of.
Whereas the partnership felt regular at first, the skilled relationship eroded following bouts of disagreements over the mission’s route and monetary tasks. Nonetheless, precisely which enterprise the 52-year-old former supermodel is referring to stays unclear. The mogul has launched quite a lot of tasks all through her profession, together with a hot-ice-cream model, a manufacturing firm, and a magnificence line.
Whereas she hopes to obtain some monetary justice, Banks has just lately returned to the highlight for her personal infamy. The ANTM producer has acquired pushback for her habits on the present. Her antics turned the main focus of a brand new Netflix docuseries, “Actuality Examine: Inside: America’ss Subsequent High Mannequin.”
Banks’ habits as an government producer towards her fellow judges and younger girls members has met immense criticism. Banks’ look on the docuseries additionally confronted pushback for her obvious lack of accountability.
Now, Banks seeks accountability from her former enterprise companion. She claims she tried to settle the matter quietly, however the lack of resolve led to her public submitting.
Banks has requested that the cash be used to cowl damages and different prices, together with court docket prices and extra reduction. As information of the submitting broke, a consultant for the entrepreneur stated the defendant ought to“[honor] agreements””
“Ms. Banks believes in honoring agreements and is pursuing applicable authorized channels,” said the spokesperson.
Banks hopes to show her case in court docket, however no trial has been scheduled but.
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