Stephen Baldwin Sues Kevin Costner For Slick Move

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Stephen Baldwin has filed a lawsuit against Kevin Costner for scheming to make money off the BP oil rig disaster. Bet you totally saw that coming!

Alec and Billy's slightly-wacko brother says Kevin duped him into selling his shares in a company that builds machines that separate oil from water.

Baldwin claims in April, he decided to become a 10 percent partner in an invention backed by Costner (one developed during his film Waterworld).

B-PEEVED: Baldwin says he got hosed by Costner.

Costner and his partners made it seem as if Costner had already sold his shares in the company, when in fact the actor was still heavily invested.

Baldwin also claims the company misrepresented that there was no deal in the works to sell the contraption to BP ... which evidently there was.

Stephen alleges he was duped into selling his shares back to the company so Costner and his partners could score a bigger profit in that deal.

BP allegedly bought the company for more than $52 million. Baldwin is suing for unspecified damages and says Kevin is totally going to hell.

Just kidding. About the second part.

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