Calvin Harris has secured a $13.5 million arbitration award against his former financial adviser.
The ruling came after serious allegations surfaced.
Reports claimed that the adviser redirected more than $22 million from Harris’ accounts.
Instead of keeping the funds secure, he allegedly funneled the money into a large Hollywood real estate project.
However, the development never moved forward. In fact, it collapsed before construction even began.
Harris, whose real name is Adam Wiles, brought the case against Thomas St. John earlier this year.
He argued that St. John improperly transferred funds into CMNTY Culture Campus, a proposed 460,000-square-foot development in Hollywood.
The project promised recording studios, office spaces, and artist lounges. However, developers never completed it.
Last month, a retired federal judge overseeing the arbitration determined that St. John failed to meet the deadline to repay a $10 million loan from Wiles.
As a result, the judge awarded Wiles $13.5 million, which includes the original loan amount plus interest, fees, and late charges.
In addition to the loan, Wiles reportedly invested another $12 million as equity in the project.
Arbitrators have not yet decided whether that investment involved fraud.
Therefore, that part of the dispute will continue through further proceedings.
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The History Between Calvin Harris and His Former Financial Adviser
St. John managed Wiles’ finances for 13 years.
He denies any wrongdoing and maintains that Harris willingly invested in the development.
His legal team argues that Harris actively pursued the opportunity and later became frustrated by construction delays.
The CMNTY Culture Campus project began after songwriter Philip Lawrence sold part of his catalog, including hits associated with Bruno Mars, in 2020.
Lawrence used some of the proceeds to fund the real estate venture.
However, financial difficulties eventually forced him out of the project.
Reports claim that St. John then assumed full control and later approached Wiles for emergency funding in 2023.
Ultimately, the project failed as demand for Los Angeles office space declined.
Parkview Financial, which had reportedly loaned $35 million to the development, foreclosed on the property last month and purchased it for $25 million.
The lender now seeks an additional $16 million from St. John.
Meanwhile, Eric Prydz has also filed a lawsuit against St. John.
Prydz accuses him of taking more than $269,000 through unauthorized financial services.
According to the complaint, St. John began paying himself without notifying Prydz or his team.
As arbitration continues, the case highlights growing scrutiny over financial management within the music industry.
