According to the filing, Ishbia said the capital call …

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According to the filing, Ishbia said the capital call raise wasn't fully funded and set up another capital call raise on July 8, with another 10-day deadline. Again, Seldin and Kohlberg say, they paid their portion under protest. The two minority owners say they then sought internal financial records and filed a lawsuit in August against Ishbia to obtain them. Seldin and Kohlberg say they were shown a one-page document that claimed a "debt-to-equity conversion" was used to fund a portion of Ishbia's contribution to the raise. But ultimately, they say, they learned that Ishbia failed to fund both capital call raises by the deadlines he set.

ESPN

This article originally appeared on Hoops Hype: According to the filing, Ishbia said the capital call …

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