Harvey Keitel was replaced in a role by a two time Oscar winner and the veteran actor is not happy about it. So Keitel is suing E*Trade for dropping him from the company’s new ad campaign.
The star of such films as “Pulp Fiction” and “Taxi Driver” filed suit in Manhattan Supreme Court Monday against the firm saying that he was cheated out of a $1.5 million fee when it dumped him in favor of Kevin Spacey.
The suit asserts that, “Without any justification or excuse, E*Trade refused to proceed forward with the contract entered into with Mr. Keitel.”
E*Trade offered to compensate Mr. Keitel with what is known as a “kill fee” of $150, 000. Keitel asserts that the very offer proved that the company breached the terms of his contract. His complaint states, “By offering a ‘kill fee, ‘ E*Trade acknowledged and admitted that it had an existing, binding and enforceable contract with Mr. Keitel.”