Trevena v. Triller CA2/3

CourtCalifornia Court of Appeal
DecidedJuly 7, 2026
DocketB340896
StatusUnpublished

This text of Trevena v. Triller CA2/3 (Trevena v. Triller CA2/3) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Trevena v. Triller CA2/3, (Cal. Ct. App. 2026).

Opinion

Filed 7/7/26 Trevena v. Triller CA2/3 NOT TO BE PUBLISHED IN THE OFFICIAL REPORTS

California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SECOND APPELLATE DISTRICT

DIVISION THREE

OLIVER TREVENA, B340896

Plaintiff and Appellant, (Los Angeles County Super. Ct. No. 21STCV05840) v.

TRILLER, INC.,

Defendant and Respondent.

APPEAL from orders of the Superior Court of Los Angeles County, Steve Cochran, Judge. Affirmed in part, reversed in part, and remanded. Keosian Law and Natalie Hairabedian Suri for Plaintiff and Appellant. No appearance for Defendant and Respondent. ‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗‗ Plaintiff and appellant Oliver Trevena filed a complaint against defendants Triller, Inc. (Triller), Triller Hold Co LLC, Mike Lu, and Proxima Media, LLC (collectively, defendants),1 asserting fraud and breach of contract claims. Trevena alleged that in 2017, he and Triller CEO Lu discussed a partnership to grow Triller’s new social media app and Lu gave Trevena a 2 percent ownership stake in Triller. Trevena claimed defendants deliberately failed to honor their promise to recognize that ownership stake after inducing him to invest significant labor and goodwill in Triller. Defendants moved for summary judgment. The trial court granted the motion and dismissed Trevena’s complaint. We reverse as to Trevena’s fraud causes of action. Lu’s alleged representations to Trevena were sufficiently specific to form the basis of a fraud claim. Trevena also established that triable issues of material fact exist regarding whether Lu made the alleged misrepresentations. FACTUAL AND PROCEDURAL BACKGROUND Trevena is an actor and producer. In 2017, he met Lu, Triller’s CEO. Triller’s main product is a video-based social media app. According to Trevena, during his initial meeting with Lu, he shared his ideas with Lu about “how to develop and expand the Triller app.” They “discussed how a partnership” would be mutually beneficial, and they “came to a mutual agreement that [Trevena] would be a consultant for Triller, as well as have shares in the company and be one of the owners of the Triller

1 In October 2019, Proxima Media, LLC acquired a majority interest in Triller from Triller’s parent company, Carnegie Technologies, LLC.

2 app.” Trevena claims Lu represented that Trevena “would be a 2% shareholder and owner of Triller,” and that “it would be worth a lot if [Trevena] helped [him] grow the app.” Trevena also asserts that Lu always held himself out as “the unequivocal sole owner and decision maker with respect to the Triller app.” In April 2018, Trevena and Triller entered into a Consulting Agreement. Trevena agreed to provide services as an “entertainment reporter/booker—to recruit and produce celebrity personalities to use and promote the Triller platform.” The contract expired in December 2018.2 The Consulting Agreement did not include any provisions regarding Trevena’s equity or ownership in Triller. Throughout 2018, Trevena introduced Lu and other Triller executives to his contacts in the music and entertainment industry. Trevena also created his own content to live stream on the Triller app. In late 2018, Lu sent Trevena a text message requesting that he post “ ‘a TON of [T]rillers in the next 10-days’ ” in the run-up to closing another round of investment funding. Lu told Trevena, “ ‘Time to make your shares worth a couple of million dollars! I’m actually not joking[.] If we do this right[,] [a] billion exit is realistic.’ ” Lu also texted Trevena, “ ‘Next 10 days if we can get . . . someone big to do another [T]riller[,] I’ll def reward it with more shares.’ ” Trevena did as Lu requested.

2 Defendants claim Triller and Trevena entered into a second consulting agreement for a reduced fee in August 2019. Trevena denies signing a second agreement but claims he agreed to Triller’s reduced fee because he believed he held an ownership stake in Triller.

3 In 2019, Trevena continued to introduce Triller executives to his personal connections in the industry. He also took Triller executives to meetings with music labels in Europe and attended multiple dinners to persuade potential partners to invest in Triller. In early 2019, Trevena texted Lu on two different occasions that he wanted to “ ‘get [his] deal set’ ” and “ ‘lock [his] Triller deal in.’ ” Lu reassured Trevena that Triller’s general manager had “ ‘already put [Trevena] in the budget’ ” presented to the board and that Lu would talk to the general manager. Lu later confirmed that he talked to Triller’s other CEO, Bobby Sarnevesht, “ ‘about [Trevena’s] involvement’ ” and told Trevena, “ ‘We are good.’ ” In September 2019, Lu texted Trevena asking for his full legal name and address “ ‘for the advisor shares that we’re sending out[.]’ ” Trevena e-mailed Lu the requested information. In the months that followed, Trevena and Lu continued to exchange text messages but did not discuss the shares.3 According to Trevena, in the summer of 2020, Sarnevesht twice acknowledged Trevena was owed shares, including once in Lu’s presence. Trevena claims that Sarnevesht told him at a dinner with Lu that “[Sarnevesht] knew how much [Trevena] had done for Triller and how involved and vested [Trevena] was in the company.” Sarnevesht said he would get the paperwork in order for Trevena’s board position and shares. Trevena tried to follow up with Sarnevesht numerous times, but Sarnevesht did not show up to their scheduled meetings. He subsequently assured Trevena in person “that [Trevena] was a partner in the app and

3 Trevena and Lu primarily discussed the status of outstanding consulting fees owed to Trevena.

4 that [Sarnevesht] was aware of everything that [Trevena] had done in the earliest stages and he would make sure that [Trevena] got his shares.” Around this time, Trevena texted Lu to ask when he would receive the paperwork for the “[a]dvisory board shares.” Lu initially responded that he would talk to the legal team. In later messages, Lu told Trevena that he would “ ‘bring it up,’ ” but it was “ ‘not [his] call anymore’ ” because it required board approval. Trevena responded: “ ‘I guess you should tell them you gave your word several times that I was going to be on the advisory board and given shares pre and post Proxima takeover and let’s hope they honor that.’ ” A few days later, Trevena texted Lu: “ ‘I have not received my board shares or paperwork even though I was told by you on several occasions that I was for sure getting them. I would not of [sic] used my network and pushed how I did jus[t] for $. I did it as I was told I was part of the team for the long haul. Part of the board.’ ” He accused Lu of “ ‘not stick[ing] to [his] word’ ” and insisted that either Lu secure board approval for his shares “ ‘or try to make this right [him]self with shares.’ ” In September 2020, Sarnevesht texted Trevena to confirm he had been added to the advisory board and granted “5k in Warrant per month.” In October, Triller’s counsel sent Trevena an Advisory Board Agreement and a Warrant Agreement. The Advisory Board Agreement retained Trevena as an advisor to Triller for a term of one year and, as compensation for his services, authorized a warrant for the purchase of $5,000 of shares at fair market value each month. The Warrant Agreement separately offered Trevena the option to purchase 17,947 shares at $8.36, equaling approximately $150,000 in

5 equity. Trevena did not sign the agreements because he believed they did not reflect Lu’s earlier statements giving him a 2 percent ownership stake in Triller.

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Bluebook (online)
Trevena v. Triller CA2/3, Counsel Stack Legal Research, https://law.counselstack.com/opinion/trevena-v-triller-ca23-calctapp-2026.