50 Cent is suing Garvey Schubert Barer, saying that the law firm poorly represented him in his case against Sleek Audio, Business Insider reports.
The Rap mogul filed his case yesterday (October 6) and is seeking $75 million in damages from the firm after he says they assured him that he would not face legal action from Sleek Audio.
After his business deal with the headphone company fell through, 50 Cent then founded SMS Audio. Sleek sued the rapper for copying the initial design he created with them and for exposing trade secrets. The company was awarded $16 million in damages and fees.
“Among GSB’s numerous failures was its inexplicable decision not to call technical and damages experts to rebut expert testimony offered by Sleek — failures relied upon by the arbitrator in crediting Sleek’s experts and entering an eight-figure award in Sleek’s favor,” the complaint reads.
50 Cent filed for bankruptcy in July, citing the judgement levied against him in the Sleek case and debt from creditors as reasons for legal reorganization of his finances.
50 Cent’s bankruptcy lawyer, Craig Weiner, says that the rapper went to court after trying to settle the matter with the firm.
Garvey Schubert Barer issued a statement regarding the case.
“We understand that Mr. Jackson is disappointed in the outcome of Sleek Audio’s arbitration against him,” it reads. “However, Mr. Jackson’s complaint against GSB omits a number of relevant facts and misstates a number of others, and we will respond to the allegations in accordance with the court’s rules. Our attorneys properly counseled Mr. Jackson and his sophisticated team of financial and operational advisors about the transactions and the arbitrations with Sleek. Unfortunately, the arbitrator in the Sleek case found Mr. Jackson responsible for his actions and the actions of those who performed services for him or his companies. We look forward to demonstrating that our attorneys handled the Sleek matters appropriately in all aspects.”
For additional 50 Cent coverage, watch the following DX Daily: