Shark Tank Stars Sued for Fraud

Kevin O'Leary & Kevin Harrington have been sued for fraud after two companies they promoted and associated with have turned out to be scams.

Inventure X and Ideazon are the two companies they promoted that operated as crowdfund agencies assisting aspiring entrepreneurs with launching their products and finding investors.

At least 20 clients have included their testimonial in the lawsuit as all of them have lost $15,000+ from a company that did not produce the results they claimed to produce. Even worse, they typically didn't even render any services, let alone, the services being promised.

SOURCE for Kevin O'Leary Mattel M&A payout ($5.2mm in stocks and $6mm in severance):
https://securities.stanford.edu/filings-documents/1009/MAT99/004.html

I also found the SEC filings for the purchase of TLC by Mattel, which shows $5.25 million in stocks.

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TIMESTAMPS
0:00 - Intro
1:45 - Lawsuit Introduction
2:40 - The Truth About Inventure X & Ideazon
3:06 - Involvement of Kevin Harrington & Kevin O’Leary
4:54 - Kevin Harrington’s Role
6:03 - Kevin O’Leary’s Role
8:37 - Kevin O’Leary’s Endorsement Can Be Bought
10:44 - Fictitious Employees Matt Green & Greg Sheffield
12:01 - Proof Kevin Harrington Was Associated
12:41 - Proof Kevin O’Leary Was Associated
14:03 - 20+ Client Testimonials in Lawsuit