Lonzo Ball has filed a lawsuit against former Big Baller Brand co-founder Alan Foster for more than $2 million plus interest, alleging that Foster "conspired to embezzle millions of dollars and then divert those funds for his personal use, including to acquire assets in Ethiopia."

Ball accused Foster of targeting the Ball family in order to fleece "them of millions of dollars" through "creating a variety of corporate entities in which he gave himself ownership interests and managerial control."

According to the lawsuit, Ball alleges that Foster persuaded him "that it would be in his best financial interest to form his own company and his own brand of apparel and merchandise rather than aligning himself with established brands that had expressed substantial interest in signing Ball to lucrative endorsement deals."

The lawsuit also alleges that Foster never informed the Ball family of his criminal past in which he was sentenced to 7 years in prison for defrauding 70 investors $4 million.