Nicolas Cage is in some financial trouble! The actor has just been slapped with a $2 million lawsuit.
He’s being sued by East West Bank for breach of contract. According to TMZ, the institution claims they extended Cage a line of credit in the amount of $2 million in August 2007.
The bank also claims he agreed to a payment plan, and he was supposed to pay $11,590 per month. The bank says he missed his payments in May, June, July, August, and September. The bank is now invoking its right to call the entire balance of the loan due immediately.
Nick is probably kicking himself for pulling out of the Green Hornet now! That’ll hurt the checking account alright!