Pursuits

Phoenix Suns Sued by Minority Owner to Get Company Records

Phoenix Suns players celebrate during the final moments of a NBA game at Footprint Center in Phoenix. — Phoenix Suns players celebrate during the final moments of a NBA game at Footprint Center in Phoenix.
Photographer: Christian Petersen/Getty Images

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By Sabrina Willmer and Jef Feeley

August 27, 2025 at 8:16 PM UTC

Updated on

August 27, 2025 at 9:18 PM UTC

The company that owns the Phoenix Suns NBA team is being sued by minority investors to obtain records that could substantiate potential mismanagement that might have harmed them financially.

Kisco WC Sports II LLC and Kent Circle Investments LLC filed a lawsuit on Wednesday in Delaware Chancery Court claiming Suns Legacy Holdings LLC issued a June capital call that appeared to be part of a strategy to disadvantage and dilute minority owners. Attorneys for the minority owners argued they need information to investigate the company’s financial condition, “disparate treatment of investor members,” conflicts of interest and mismanagement.