One of the co-owners of the Purple Pig restaurant on Michigan - TopicsExpress

One of the co-owners of the Purple Pig restaurant on Michigan Avenue in Chicago has filed a lawsuit against fellow investors alleging embezzlement and breach of fiduciary responsibility. Scott Harris, who owns 39% of the Purple Pig, charges in local court documents that partners Jimmy Bannos Sr., Jimmy Bannos Jr. and Tony Mantuano misappropriated restaurant funds to make improper payments to themselves and pay for personal home repairs and auto expenses and engaged in “abusive spending” while attending the James Beard Awards banquet in New York. Harris is seeking nearly $600,000 plus $1 million in punitive damages. Harris is also the owner of 23 Francesca’s Italian restaurant units in Illinois, Wisconsin, California and North Carolina. Bannos Sr. is a cookbook author and chef-owner of three Heaven on Seven Cajun-style restaurants, while Mantuano is an author and a partner and chef at the acclaimed Spiaggia restaurant as well as two other eateries in Chicago. In court documents Harris also accused Purple Pig managers of deleting hours from employee time cards to avoid triggering overtime pay. Lawyers for the defendants did not return phone calls.

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