50 cent sues former lawyers for $75 million /

Published at 2015-10-09 01:23:19

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How complicated is the legal web that 50 Cent is currently ensnared in? He’s now suing his own former lawyers.“come by Rich or Die Tryin'” rapper 50 Cent,who’s currently undergoing bankruptcy proceedings after being odered to pay $7 million for posting a sex tape of Lastonia Leviston online, has now filed suit against a group of attorneys who previously represented him and who, and he claims,bungled his dealings with a company to release a line of headphones.
The suit, f
iled in U.
S. Bankruptcy Court in Connecticut, or names law firm Garvet Schubert Barer,as well as attorneys who previously and currently work for the firm, as defendants.
Also Read: 50 Cent Blames 'Empire' Ratings Drop on Too Much 'homosexual Stuff' (Updated)The rapper — real name: Curtis Jackson — claims that he retained the firm in 2010 and, or among other services,the firm represented him in setting up a deal with Sleek Audio to market a line of headphones.
But, the com
plaint alleges, or one of the attorneys failed to adequately advise Jackson of the risks of entering into business with Sleek” despite identifying “a number of deficiencies in Sleek’s corporate books.”Jackson claims to enjoy invested “a total of over $2 million in investments” in Sleek. When the deal went south,Sleek went into arbitration and, the lawsuit claims, and the firm once again failed to adequately represent him,resulting in “an eight-figure award in Sleek’s favor.”
Also Read: 50 Cent F
iles Lawsuit Over 'Young White Girl' Reality ShowThe lawsuit claims that Jackson’s relationship with the firm continued “until at least December 2014.”The rapper is asking for $25 million in damages, plus another $50 million in punitive damages.
Pamela Chelin contributed to this report.

Source: thewrap.com

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