T-Pain has slammed his former management company with a massive lawsuit accusing them of illegally taking commissions for years and claims they owe him over a million dollars.
According to court documents, T-Pain (real name: Faheem Najm) sued his former management company, Chase Entertainment Corporation.
The rapper explains he signed a deal with Chase Entertainment back in 2005, which was extended for five years in 2009. They were to be his personal manager and talent agent in exchange for 20% commission from his recordings and endorsements.
T-Pain said he paid all the commissions over the years and did so on time. He says he only recently learned the company was not licensed to be an agent.
He says that over the years, “a relationship developed in which Plaintiff placed his full faith and trust” in the managers, who “promised to protect him and advise his career decisions.”
The rapper claims he fired his manager in 2014 and demanded they cease interfering with his business matters. T-Pain says the manager has failed to turn over all monies received relating to his music career.
The lawsuit accuses his former manager of not paying all the expenses he was required to, failing to account for all the money brought in and failing to provide accounting of his finances.
He is seeking in excess of $1 million in damages and for the return of all commissions he paid since 2005.
By Damilola Faustino
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