Post by beydunce on Jun 16, 2018 14:57:01 GMT
www.theguardian.com/music/2018/jun/14/jay-z-sued-raynard-herbert-ray-rae-royalties-reasonable-doubt
He's been sued for refusing to pay royalties to one of the musicians of his album, since 2008! He should pay one percent of the profits.
"The filing also alleges Jay-Z’s failure to pay Herbert constitutes an “oppressive, fraudulent” act of conversion “committed with malice and in conscious disregard of plaintiff’s rights”. Last month it was also that the rapper and father of three would have to testify in court as part of an ongoing investigation by the Securities and Exchange Commission into his clothing brand Rocawear, which he co-founded in 1999. The brand is under scrutiny for financial reporting after the company Iconix paid Jay-Z $200m in 2007 for it."
He's been sued for refusing to pay royalties to one of the musicians of his album, since 2008! He should pay one percent of the profits.
"The filing also alleges Jay-Z’s failure to pay Herbert constitutes an “oppressive, fraudulent” act of conversion “committed with malice and in conscious disregard of plaintiff’s rights”. Last month it was also that the rapper and father of three would have to testify in court as part of an ongoing investigation by the Securities and Exchange Commission into his clothing brand Rocawear, which he co-founded in 1999. The brand is under scrutiny for financial reporting after the company Iconix paid Jay-Z $200m in 2007 for it."
