Business Partner Accuses Russell Simmons & Reverend Run Of Stealing Millions

posted Sunday January 20 ,2013 at 11:18AM CST | 7 comments

Business Partner Accuses Russell Simmons & Reverend Run Of Stealing Millions

Russell Simmons' and Reverend Run's business partner is gearing up to sue.

Russell Simmons and his brother, Reverend Run, are likely facing legal action.

Lawyers for Rasheed Young, president of Run Athletics, sent the brothers a letter in November accusing them of funneling millions in revenue from their Pastry brand of footwear into a company Young had no part in, reports TMZ.

Young claims that Rush and Run have stolen tens of millions, and that the duo hasn't responded at all to Young's letter or demands.

Young demands changes in the company's structure and his share of the shoe profits, or he says he will sue.

RELATED: Russell Simmons Named PETA's Person Of The Year

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Comments 7 Posts

  • Ken
    Who is Rasheed young? I mean he forgot the ticket he rode in on. The Simmons family has millions and u were a nobody til u started working for them. Damn be glad u are making money with them. Becuz when they fire your ignorant ass you wont be making anything else. I seen dude a few times on Run's house but it's not like he sets the world on fire. But dude just look up Dame Dash and see how broke he is without Jay-Z.smdh at this dumb ass dude!!!!
  • dentaldamboy
    Wayne is right. Everyone from NYC except for 50 is a snake... Russell, Jay-Z and Diddy are all snakes. Birdman, my boss, is a good dude. He always takes care of his people and is fair to his business partners. That's what makes Birdman such a good role model for young black males.
    • DrebinSlevin
      Yes, everyone in New York is a snake but Wayne isn't yet he constantly refuses to pay the producers of his biggest hits. Use logic asshole.
      R.I.P. STATIC MAJOR ...
  • Lboy
    All I have to say is lol.
  • Anonymous
    Not a surprise. Russell's been stealing millions from poor people with his Rush Card as well.
    • Anonymous
      what Andrea explained I cannot believe that a single mom can get paid $5043 in one month on the internet. did you see this web link (Click on menu Home)