Dame Dash Gets Cleared In A Sexual Assault Lawsuit But Still Ordered To Pay Accuser $30,000 in Damages
(Photo by Paras Griffin/Getty Images)

Dame Dash Forced To Sell Remaining Roc-A-Fella Shares To Payoff Movie Lawsuit

Dame Dash just can’t catch a break.

The Roc-A-Fella Records founder was forced to sell his remaining shares of the label he helped create, according to Complex, who obtained the legal documents. Dash was ordered to unload the shares in early February by U.S. Magistrate Robert W. Lehrburger to wipe out a massive debt stemming from the 2022 civil case, which Dame ultimately lost. The lawsuit claimed Dame ripped off a movie idea from filmmaker Josh Webber and turned it into his own project, 2019’s “Dear Frank.” Webber claimed that Dame not only took his work but also pitched it to several studios. The courts sided with Webber and awarded him $800,000. When Dame refused to pay up, Webber filed additional docs to go after his Roc-A-Fella shares. Dame co-founded the label 30 years ago with former friend Jay-Z. Together, they helped launch the careers of not only Hov but also Beanie Sigel, Memphis Bleek, Kanye West, and several others. 

Jay-Z and third Roc-A-Fella co-founder Kareem “Biggs” Burke seemed to try and help Dame out by opposing the sale of the shares, arguing that it violated their bylaws and acquired approval by the Roc-A-Fella board. However, Judge Lehrburger ruled that Dame’s shares were considered personal property and could be given up to fulfill the debt. 

While Dame has not spoken out publicly about this legal update, he did reshare a message on his Instagram Story Thursday, which is a recent clip of him urging people to keep negativity away from him. 

author avatar
Gibson Precious

About Gibson Precious

Check Also

Drake Jokes Him And Rick Ross Are Identical Twins After Fans Mistake Them

Ross Claps Back at Drake with “Champagne Moments” Diss Track (video)

The rap game heated up when Rick Ross unleashed his fiery track “Champagne Moments,” a …

Leave a Reply

Discover more from Baller Alert

Subscribe now to keep reading and get access to the full archive.

Continue reading