According to The Blast, the organizers of Woodstock 50 are suing their former financial partner. Here’s the complete statement:

“In a series of precipitous, underhanded and unauthorized actions, Dentsu purported to seize control of and oust W50 from the Festival’s production, and then immediately announced through press releases to the world on April 29 that it was unilaterally canceling the Festival”

Woodstock 50 claims Dentsu contacted artists, “falsely telling them that they were released from their contracts with W50 and the Festival and that the performers should not perform at the Festival, though they have all been paid in full.”

Woodstock 50 is asking that Dentsu be forced into arbitration and, in the meantime, be ordered to stop badmouthing the festival and return the $17.8 million from the festival’s bank account.

Woodstock 50 was slated to take place in Watkins Glen, New York on the weekend of August 16-18, with a bill featuring THE KILLERS, THE LUMINEERS, THE RACONTEURS, Robert Plant, GRETA VAN FLEET, PORTUGAL. THE MAN, IMAGINE DRAGONS, CAGE THE ELEPHANT, Miley Cyrus, Halsey, Brandi Carlile, Janelle Monae, Vince Staples and many others, as well as veterans of the 1969 event like John Fogerty, SANTANA, DAVID CROSBY & FRIENDS, John Sebastian, CANNED HEAT, Country Joe McDonald and HOT TUNA.