Vice owes FTI Consulting nearly $1 million, new court filing alleges

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Vice owes FTI Consulting nearly $1 million, new court filing alleges
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Vice owes FTI Consulting nearly $1 million, a new court filing alleges, one of multiple vendors chasing missed payments

, which specializes in restructuring and corporate finance, was hired by Vice in May 2019 and again in 2021, according to the filing. FTI claims it is owed $953,390.50 by Vice Holding, which it says received FTI invoices without objection. Ironically, Vice hired FTI to help it with"profitability analysis" and to design"cash management" tools, according to the filing.

Another vendor, IT provider eMazzanti, based in Hoboken, New Jersey, filed a civil claim against Vice on February 10 in the Superior Court of New Jersey over an unpaid bill for over $200,000 that had previously been part of arbitration.

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