Johnny Depp Files Suit Against Former Business Managers

The "Pirates of the Caribbean" star sues, alleging mismanagement of his earnings.
2:08 | 01/15/17

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Transcript for Johnny Depp Files Suit Against Former Business Managers
Johnny Depp may be best known as captain jack sparrow in "The pirates of the caribbean yts movies. These days, he's starring in a real-life battle with former business managers. And ABC's erielle reshef is here with more. The star now facing his own legal nightmare. A major fight over his finances. This morning, the man most famous for playing the pirate jack sparrow. Captain jack sparrow, if you please, sir. Reporter: Is now claiming he was the one who was stolen from. Not really. Reporter: Star Johnny Depp suing his former managers for more than $25 million in a newly filed lawsuit. Wow. Reporter: Accusing the management group and its owners of treating his income as their own personal bank account. This is a case that has stakes unlike any other business manager situation I have seen. He was making $25 million, $30 million per movie. Reporter: Depp claiming the company made unauthorize loans, failed to file taxes properly, and paid themselves more than $28 in fees without his consent. Adding they actively concealed the true state of his finances. You're the ones in need of rescuing. I'm not sure as I'm in the mood. Reporter: But Depp's exmanagers say the lawsuit is a complete fabrication. Saying it was "The Alice in wonderland" star who spent irresponsibly. Naughty. Reporter: The act E diving sbak into court just hours after finalizing his divorce on Friday. Just months after they delivered this court-order public service message. Clear everything when you enter Australia. Reporter: Part of the legal battle with Australia over their dogs. And Depp is hardly the first person to sue the companies that once represented them. Great to have you in studio with us.

This transcript has been automatically generated and may not be 100% accurate.

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