Chicago Sky owner Michael Alter sued by minority partner for allegedly ‘self-dealing’ to devalue other shares
- Posted on January 31, 2026
- By Chicago Tribune
- 7 Views
Chicago Sky owner Michael Alter sued by minority partner for allegedly ‘self-dealing’ to devalue other shares

A Chicago Sky minority partner is suing majority owner Michael Alter, alleging he violated his fiduciary duty to investors by misallocating and misrepresenting franchise value for his own benefit.