Myth: James Safechuck Started His Lawsuit To Bail Out His Parents!

March 14, 2020

Fact: The lawsuit in question was dismissed long ago.

In 2013, James Safechuck's father, also named James, held the position of chief financial officer and shareholder of Sea/sue Inc., a company operating within the waste management sector. During April of the same year, a legal dispute arose when James Sr and his business partner faced a lawsuit filed by his sisters. The lawsuit centered around allegations of breaching contractual clauses and mishandling trust duties, with a demand for payment of $460,000 alongside compensation for damages and losses.

View the full documentation here.

There exists a fan theory suggesting that James Junior, upon witnessing his father's legal predicament and Wade's account of abuse on the Today Show in May 2013, concocted a story of sexual abuse and subsequently initiated a lawsuit. It is evident that this line of reasoning is deeply flawed and fails to align with the complex realities of legal actions and the financial decisions made by real individuals.

According to records from the High Court of Ventura County, the lawsuit against Mr. Safechuck was resolved and dismissed on 11 November 2016. This vital information debunks any insinuation of a financial motive driving James' lawsuit against the Jackson estate, highlighting the fallacy of the notion that his legal actions were intended to resolve another financial dispute.

It is important to address that, even if the lawsuit had not been dismissed or were still in force, purely from a financial standpoint, the premise lacks coherence. Within the lawsuit documents, it is indicated that the Safechuck marriage owned 11.25% of the company's shares, rendering Stephanie Safechuck, as a co-owner, entitled to 6.25% of the profits. 

Defendant JAMES SAFECHUCK ("James") is an individual residing and doing business in Ventura County, California. Plaintiffs are informed and believe and thereon allegethat James is Chief Financial Officer (CFO) and one of three Directors of Sea/Suc. James, together with his wife, owns 11.25% of the shares of stock of Sea/Sue, Inc.

Reportedly, her estimated income from these shares amounted to approximately $270,000 between 2010 and 2013. When considering that a 6.25% ownership equates to profits ranging between $70,000 and $100,000 annually, it becomes apparent that the company's projected annual profits would surpass an astounding $1.6 million. This hypothetical scenario underscores the improbability of such financial circumstances leading to a need for inventing a lawsuit for sexual abuse.

It is pertinent to consider that if the alleged agreement had genuinely impacted the Safechucks' finances, the subsequent acquisition of Waste Management—of which Sea/sue Inc. was a part—likely yielded substantial financial gains for Stephanie.

Additionally, it is crucial to address the impracticality of the notion that James Safechuck Junior, in a bid to secure his parents financial future, would instigate a lawsuit against an affluent estate such as Michael Jackson's. Considering the significant time investment and financial resources required, coupled with the negligible odds of the statute of limitations being surpassed—underscored by the lawsuit's dismissal in 2017—this line of reasoning lacks substantiation.

Contrary to claims of financial duress, it is noteworthy that James Junior holds the position of director of innovation and technology at a company. The conjecture that the Safechucks would initiate legal action to address financial strain lacks a coherent justification, particularly in light of the aforementioned contexts.