Settlement Reached in Ninn Worx_SR Legal Battle

SANTA BARBARA, Calif. — The legal battle pitting director Michael Ninn against Spearmint Rhino CEO John Gray and Ninn Worx_SR apparently has been settled.

Ninn, through his publicist on Monday, wouldn't comment on terms of the compromise to XBIZ, but a proposed settlement has been in the works since early October.

The trustee assigned to Ninn, whose Chapter 7 filing continues to wend through bankruptcy court, disclosed that Ninn will transfer equity of Ninn Worx_SR in return for various creative material once created by Ninn.

Specific details of the settlement weren't immediately available, but presumably the "creative material" includes the Ninn Worx_SR-backed movie "The Four."

Ninn Worx_SR was formed three years ago after Gray approached Ninn, who has directed more than 60 adult films in 18 years, with an offer to market and distribute Ninn’s films and finance production of future films, allegedly promising to grow the company from a $2 million studio to one that would see in excess of $20 million in sales.

Ninn sold his interest in Ninn Worx for $1,000 and a 49-percent share of the new company. In addition, Ninn Worx_SR paid off Ninn Worx accounts payable of about $221,000.

But a year later and shortly after a Ninn-directed movie called "The Four" wrapped, Ninn found himself locked out of his office, fired as Ninn Worx_SR CEO and unable to get Ninn Worx_SR to compensate him.

Gray and Ninn Worx_SR later filed a suit at Los Angeles Superior Court alleging that Ninn had breached his fiduciary duty by exceeding a budget relative to “The Four” and by not delivering a completed film.

Ninn later sued and countersued, alleging fraud, misrepresentation, rescission of an agreement and breach of fiduciary duty.

Ninn also was sued by Ninn Worx_SR over the use of his stage name and related Internet properties. In that suit, Ninn Worx_SR claimed Ninn began competing against the company, advertising the “Michael Ninn” mark and variations for competing products.

Gray declined to comment on the settlement to XBIZ on Tuesday.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Haley Spades Stars in Latest From Immoral

Haley Spades stars with Charlie Dean, Matt Bird, and Dean Van Damme in a new three-part release from Immoral Productions, directed by "Porno Dan" Leal.

Octavia Red Makes Her Vampired Debut

Octavia Red has made her Vampired debut alongside Talia Mint and 2023 XMA Europas Female Performer of the Year Tiffany Tatum in the new feature “Hunters.”

Lily Starfire Fronts Latest From Brazzers

Lily Starfire stars with Kyle Mason in the latest release from Brazzers, titled "Eating Ass Is the Game."

Country Hotwife Makes Her WIFEY Debut

Content creator Country Hotwife has made her debut for Vixen Media Group (VMG) studio imprint WIFEY, alongside her husband StagHubby and former XMAs Male Performer of the Year Isiah Maxwell.

Vixen Media Group Celebrates 10 Years of 'Tushy'

Vixen Media Group (VMG) is celebrating the 10-year anniversary of studio imprint Tushy.

Cherry Kiss Stars in Latest 'Blind Dates' From Bellesa

Cherry Kiss headlines the 16th volume of "Blind Dates," from Bellesa.

Emma Rosie Toplines Pat Myne's 'Gape For Days 5'

Emma Rosie headlines director Pat Myne's "Gape For Days 5," from Evil Angel.

Adult Time Drops 2nd Installment of Bree Mills Thriller 'Escape From Camp Conversion'

Adult Time has debuted the second episode of the Bree Mills-helmed thriller "Escape From Camp Conversion," from studio brand Girlcore.

UPDATED: Supreme Court Rules Against Adult Industry in Pivotal Texas AV Case

The U.S. Supreme Court on Friday issued its decision in Free Speech Coalition v. Paxton, striking a blow against the online adult industry by ruling in support of Texas’ controversial age verification law, HB 1181.

Eris Jolie Makes Her TransAngels Debut

Eris Jolie has made her TransAngels debut alongside Bree Brooks in "A Very Filthy Cookout."

Show More