Trinity Broadcasting Network (TBN) countersued Dr. Phil (Phil McGraw) and his company, Peteski Productions, alleging a fraudulent scheme to exploit TBN for personal gain. This follows Merit Street Media's bankruptcy filing. TBN claims McGraw misrepresented facts to secure a $20 million investment, failed to deliver promised content, and misused funds. McGraw's representatives deny the allegations, citing TBN's breach of contract and claiming TBN's lawsuit is a distraction. TBN seeks damages, contract rescission, and reinstatement of its board members.
Prepared by Christopher Adams and reviewed by editorial team.
Comments