Business is bad for Curtis Jackson right now, and when you’re leaking money sometimes you have to get creative in replacing it.
According to Business Insider, 50 Cent is has filed a lawsuit accusing the law firm that represented him in his headphone lawsuit of giving him shoddy representation.
50 Cent — who filed for Chapter 11 bankruptcy protection in July — submitted the complaint against Garvey Schubert Barer in the Connecticut bankruptcy court Tuesday seeking $75 million in damages.
The rapper claims the law firm did a terrible job representing him while he was dealing with the legal fallout from a failed venture with a company called Sleek Audio. Inspired by the success of Beats by Dre, 50 Cent began working with Sleek in 2010 to create his own brand of headphones called “Sleek by 50.”
Sleek missed its launch deadline and never ended up marketing the headphones, according to 50 Cent’s complaint. The rapper decided to form his own company, SMS Audio, to launch the headphones, and he claims his lawyers at GSB assured him he wouldn’t be infringing on intellectual property rights held by Sleek.
After losing a $17 million lawsuit to Sleek, 50 claims that his reps “failed confront the circumstances of the case.”
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.
It’s hard out here for the G-Unit general right now.
By Glenn Erby
