B.o.B is being sued for $3 million by his former management company for unpaid royalties.
In legal documents, Round Hill Music and Artists Rights Management allege B.o.B breached a deal they made in January 2017. The deal was that the rapper would give the management company certain royalties for performing his songs at shows.
“I have not seen the lawsuit but am aware my former manager had entered into agreements without my knowledge,” B.o.B tells TMZ. “I take my business seriously and look forward to getting to the truth of what happened.”
The filed documents say, “In an intentional violation of the Assignment Agreement. Defendants have prevented Plaintiffs from collecting the royalties that Plaintiffs are contractually entitled to collect. Plaintiffs now bring this action to reduce their security interest to judgment and to collect damages they have suffered as a result of Defendants’ willful and intentional breach of the Assignment Agreement of at least $3,000,000, together with attorneys’ fees, costs, and expenses.”
Round Hill Music and Artists Rights Management are also suing the touring company hired by B.o.B. The rapper has 20 days to respond to the lawsuit.
Discover more from Baller Alert
Subscribe to get the latest posts sent to your email.