Woodstock 50 concert organizers sue investor that backed out
NEW YORK — A dispute over the future of the Woodstock 50 festival has spiraled into a court fight, with organizers suing and at least temporarily silencing a former investor that sought to call off the anniversary show.
Woodstock 50 organizers are accusing ex-partner Dentsu Aegis Network of verbally and financially sabotaging the big-name event that organizers insist will still unfold Aug. 16-18 in Watkins Glen, New York.
Denstu Aegis, meanwhile, has pulled out of the concert and raised concerns about safety. And the two sides are clashing over nearly $18 million that the organizers say their ex-investor withdrew from the festival bank account.