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Nicolas Cage sues business manager

Nicolas Cage has filed suit against his business manager Samuel J. Levin, claiming he “lined his pockets with several million dollars in business management fees while sending Cage down a path toward financial ruin.” Cage hired Levin in 2001 and since then, has been “forced to sell major assests and investments at a significant loss and is faced with huge tax liabilities because of Levin’s incompetence, misrepresentations and recklessness.” Cage, who earned an estimated $40 million in the past year, has put several of his homes on the market in order to pay his bills. He’s asking for $20 million in damages.