Demetrius Ellerbee, business partner to Young Jeezy, has filed suit against the rapper and Def Jam Recordings, claiming the defendants have failed to share millions of dollars in profits from songs he helped produce and promote.
According to The Atlanta Journal-Constitution, Ellerbee, who said he founded CTE Music with Jeezy in 2000, filed the suit in Fulton Count Superior Court. He asserts that he has seen little of the millions in advances and royalties paid to the company. He claims Jeezy intentiontally “misappropriated” funds and directed them to personal accounts.
Ellerbee claims that he’s owed $5 million, a number that could inflate when royalties and interest are taken into consideration. He says he’s still awaiting an accounting of all Def Jam payments to CTE in order to find out exactly how much he’s owed.
“They were partners,” said Ellerbee’s attorney Mario Breedlove. “They started the company together. They grew the company together. And he’s entitled to one-half.”
RELATED: T.I. Says Atlantic Records Asked For His Opinion On Young Jeezy Being Appointed SVP Of A&R
HE ABOUT TO FIND OUT DEF JAM BUYING COPIES OF JEEZY ALBUMS
LOL
NIGH JUS ROZAY FAGGOT
–
If Coach K is suing Jeezy, Den we finna see if his character is flawed like muhfuckas been sayin 4 tha longest. This tha cat that rode wit him thru all tha allegations.. shyt cray
Coach K?
Naw. It’s Kinky B. Jeezy’s childhood friend.
BroKe ass nigga not payin his crew. I knew this nigga lame throwing subliminals and shut. Rozay bodied this niggas career how he gon at niggas they money. Haha his career over!!!
Bawse!!!!!!!!!!!!!!!!!!!!!!!!!!!!
https://hiphopdx.com/index/news/id.20730/title.young-jeezy-named-svp-of-ar-at-atlantic-records
Being signed to Def Jam, with the success of his last album, he just became a senior vice-president in another big record label… you still sure his career is over?
U IGNORANT STUPID FUCK HE BLEW ROZAY FIRST WEEK NUMBERS OUT DA WATER PRETTY MUCH HOW NIGGAS IN DA HOOD BLOW UR MOMS PANTIES AWAY U FUCKN LAME
his careers over? he just got hired as head a&r at def jam.. idiot
at atlantic records, not at def jam. he’s signed to def jam though
Nigga can’t even rap but wants half??? WTF???
you’re so narrowed-minded. you think rappin’ is everything you need in this business? first of all, you need some CAPITAL to be noticed. there’s many people that rap, surely some of them rap better than jeezy, and only a few gets attention. WHY you think? promotion, videos… that’s how business is conducted: somebody comes to the table with money, somebody else ideas and they split. get your education
kinky b is da man suing him, not coach k dummy. dats fucked up….CTE might be on its downfall period now, kink been around from day1.
Dont fuck with me Jeezy. Your career is history.
Says the fat fuck who cant sell more than jeezy in first week sales or total sales!!! Jeezy got 3 platinum plaques and you got none! lol
kinky and jeezy den felled off dats crazy