Wednesday, April 9, 2014

50 Cent, You Owe Us $16m! Headphones Company Wins Big In Lawsuit Over Claims Rapper Stole Design

Rapper 50 Cent‘s roughly $500 million net worth he made  from  the  sale of his  sugary drink just took a major hit in a court case from a headphones manufacturer who claims he stole their high-tech design.
A judge agreed, and has ordered 50 cent to pay up to  $16.1 million to the tech company.
Jackson’s feud with the headphone company has raged for more than a year, but a judge finally signed off on the total due to his final business partners, Sleek headphones: $11,693,247 in damages, plus $4,488,331 in attorney’s fees.

Sleek sued 50 Cent last year after a planned deal to market headphones for the rapper fell through. After investing more than $1 million in Sleek to start his line, Jackson then produced another set of headphones with a different company, and according to court documents obtained by Radar, Sleek was stunned to discover the headphones, Sync by 50, were “basically the same design, mechanically” as the model they had developed.

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