Gaines is being sued in state court in Texas for $1 million by his former partners in a real estate company alleging Gaines had duped them into selling their shares in Magnolia for the paltry sum of $2,500 just days before announcing the show in 2013, knowing that the value of the company would soon take off after his reality program with wife Joanna Gaines hit the air.
According to the suit, the text read:
“I don’t come from the nerdy prep school he’s from. And when people talk to me that way they get their asses kicked,” . “And if he’s not ready to do that he better shut his mouth. I’m not the toughest guy there is, but I can assure you that would not end well for [R]ick.”
Gaines spoke out on Twitter Saturday, writing that no one called or emailed him about the issue, adding “‘friends’ reach out via lawsuit.. humm.” He also added a bible quote, “The light shines in the darkness, and the darkness has not overcome it.”
Fyi: Ive had the same cell # 15 yrs.. same email for 20 yrs. No one called or emailed? 4 years later "friends" reach out via lawsuit.. humm
— Chip Gaines (@chippergaines) April 29, 2017
Gaines’ attorney told Fox News:
“We are confident that these claims will be found to be meritless, and it is disappointing to see people try to take advantage of the hard work and success of Chip and Joanna Gaines.”