50 Cent may have to pull more then 2 quarters out of his pockets because according to sources he is being sued for 16 million…
According to The Miami Herald,
“In a recently unsealed court documents, hip-hop star 50 Cent has been ordered to pay $16 million in his dispute against a Bradenton company that was supposed to manufacture a line of headphones bearing the rapper’s name — an amount of money that, until now, was kept under wraps.
The new court papers show 50 Cent needs to pay $11.6 million in damages for misappropriation of trade secrets, unjust enrichment and breach of confidentiality; and another $4.4 million in legal fees and expenses.
In a nutshell, here’s what happened: An arbitrator in West Palm Beach found that the rapper, whose real name is Curtis Jackson, stole design secrets from Bradenton manufacturer Sleek Audio to make his own headphones, Street by 50 and Synch by 50″.
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