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50 Cent has to Pay $16.2 Million

Apr 10 2014, 6:05am CDT | by , in News | Other Stuff

50 Cent has to Pay $16.2 Million
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A US court has ordered the famous rapper 50 Cent to pay $16.2 million to Sleek Audio in a stolen headphone design case.

The famous American rapper Curtis James Jackson III, who is better known by his stage name 50 Cent, has been ordered to pay over $16 million in the headphone case.

Actually 50 Cent has failed to complete his partnership with Bradenton earphone manufacturer Sleek Audio. 50 Cent first asked the Sleek Audio to design and produce his own line of headphones.

But later on, the rapper was said to have stolen the Sleek Audio designs of over-the-ear headphones. Later on he launched his 50-Over line with another manufacturer that had similarly designed headphones.

Sleek Audio filed a case against the rapper. After three years of legal fighting, the US District Federal Court in Miami court has now ordered 50 Cent to pay Sleek Audio almost $4.5 million in terms of attorney fees and $11.7 million in terms of damages. It will become a total of $16.2 million.

 

50 Cent is not only an American rapper but an entrepreneur, investor, and actor too who hails from New York City. He got famous after the release of his albums Get Rich or Die Tryin' in 2003 and The Massacre in 2005. He is now working on his new album "Animal Ambition" that will be launched this summer.

Source: BS

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