The two lawsuits filed against Pete, with one including Dreams as a defendant, are absolutely not a conspiracy. It is fact they exist and can be verified by anybody. The underlying allegations in those cases and truth thereof remains to be seen and proven or disproven. But credit card cases in Florida are typically fairly straightforward, and I wouldn't anticipate the cases being dismissed without a settlement. Dreams' affirmative defenses in its pleading also are illuminating as to their position as related to Pete, though I find it interesting they have not [yet] filed a crossclaim.
Sean's and Dustin's accountings on a third-party site are of course one side of a different story, though I would certainly doubt we'd ever hear Pete's side of the story, so certainly people should refrain from assuming all assertions to be 100% true and making judgment. But, the multiple accountings do not paint a pretty picture, and are fairly consistent. There is quite a bit of detail, and matches what any of us outsiders would have seen from afar, at least me anyway as just a listener and never having met anyone involved. Comments from former team members seem to support those accountings. With that said, I would tend to agree with Jrb that this isn't a conspiracy, but none of us will ever know the full story.
Regardless, it will be interesting to see what happens moving forward with practical ramifications to Dreams and these boards and the displugged network. While Dreams is owned by Pete, John, and Donna, I am less certain who owns these message boards and the displugged network. If the lawsuits aren't dismissed someday, and *if* Dreams' assertions in their affirmative defenses are true, it would seem Pete and Dreams will necessarily have to part ways. But, I am not sure John or Kevin or whoever else can simply take displugged with them to a new studio; they may need to re-brand and start over, which hasn't appeared [to me] to be something John or Kevin would be interested in doing. I have no actual idea in that regard though. But, yeah, the mobility issues to the current 'studio' is clearly just a smokescreen.