Spring Breakers Producers Hit With Lawsuit From Early Investor

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May 7, 2014 | 3:56am EST

The producers of 2013′s Spring Breakers have been hit with a $1.3 million breach of contract lawsuit from an early investor.
In the suit filed in L.A. Superior Court on Tuesday, investor Wicks Walker claims he put up $700,000 in financing for the Harmony Korine-directed film about a group of rebellious college students on holiday.
In the legal documents obtained by TMZ.com, Walker alleges he was told by producers Chris Hanley and Jordan Gertner from Muse Productions that they needed his money immediately or else they would lose the film’s cast, including James Franco, Selena Gomez and Vanessa Hudgens.
Walker states that the movie would most likely not have been made if not for his contribution, and insists he hasn’t seen any profits from his investment.
Walker received an executive producer credit on the film as well as a $483,000 tax credit.
Spring Breakers raked in $31.7 million at the worldwide box office and it was recently announced that Trainspotting author Irvine Welsh has signed on to write the screenplay for the sequel.

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