Stephen Baldwin has sued fellow actor Kevin Costner over investments in a technology that BP used to help clean up the Deepwater Horizon oil spill in the Gulf of Mexico. The two actors, among others, formed a company that developed centrifuges to separate oil from water.

But Baldwin sold his stake, and now alleges that Costner has excluded him from his rightful share of an $18 million deposit that BP made on the centrifuges. Costmer neglected to inform Baldwin about a meeting with BP officials that generated the deposit toward a $52 million sale, he claims, adding that it was without that knowledge that he agreed to sell his shares for $1.4 million a few days later.

Costner's representatives declined to comment on the lawsuit, which was filed in New Orleans, according to the AP.

The April 20 explosion of the Deepwater Horizon rig killed 11 workers and spewed 4.9 million barrels of oil into the Gulf of Mexico, creating widespread damage to the ecosystem along the Gulf Coast and creating billions of dollars of economic damage to the region's fishing, shellfish and tourism industries. BP owns 65% of the rig.


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Sonny

Baldwin got in and made some money...........but his greed and lack of knowledge of the business came back to haunt the poor SOB. Costner was the brains behind the business and did all the work.......Baldwin just wanted an easy ride like he gets in the movies................Sorry dude, welcome to the real world.

December 27 2010 at 12:23 PM Report abuse +1 rate up rate down Reply
kpeppers17

Sounds like lack of Due Diligence on Baldwin's part. This is a case about sellers remorse. Tough doodie

December 25 2010 at 1:57 PM Report abuse +2 rate up rate down Reply
Jen

B, have to make it political? Typical angry liberass

December 25 2010 at 8:35 AM Report abuse rate up rate down Reply
masser

You might not like Baldwin, however, this is clearly a lack of disclosure on Kostner's part.

December 24 2010 at 1:37 PM Report abuse -4 rate up rate down Reply
Hello Papi Chulo

Have you seen Baldwin's Face? He needs the money for more plastic surgery! He is a white Michael Jackson!

December 24 2010 at 11:29 AM Report abuse +4 rate up rate down Reply
Babs

This Baldwin is not a liberal, he is a crazy right wing religious Repuke. He even preaches some. There is probably two sides to this. Stephen probably needs the money, he can't act worth sh*t. Also, when he preaches his eyes roll around in his head like that lunatic Glenn Beck.

December 24 2010 at 11:21 AM Report abuse -1 rate up rate down Reply
1 reply to Babs's comment
otaaspen

Hey Babs - Are you one of those open-minded, all-accepting, tolerant liberals or are you off your meds?

December 24 2010 at 5:13 PM Report abuse +1 rate up rate down Reply
truthforfreedom

Who cares what any Baldwin does. They are all losers. From what I know of Costner, he's a pretty good, decent guy and this fool should be of no consequence to him.

December 24 2010 at 11:10 AM Report abuse +1 rate up rate down Reply
Condley

The money that people earn from going into business or investing is NOT "the people's money". The ultimate in greed and selfishness is when you think you have a right to what other people earn. Ernie is a fool!

December 24 2010 at 10:34 AM Report abuse +3 rate up rate down Reply
Sukeycat

What we have here is"FAILURE TO COMMUNICATE."

December 24 2010 at 10:32 AM Report abuse rate up rate down Reply
Randy

baldwin typical liberal lmao

December 24 2010 at 10:23 AM Report abuse +2 rate up rate down Reply
1 reply to Randy's comment
Joey

Baldwin is truly not a liberal and Costner truly is. Just to clarify.

December 24 2010 at 11:18 AM Report abuse +3 rate up rate down Reply