Akon Reportedly Sued $150 Million By Former Business Partner

Akon is looking at a hefty lawsuit from a former business partner who helped him get his career started.

BYKevin Goddard
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According to report from TMZ, Akon is getting sued by a former business partner for a whopping $150 million for earnings he allegedly withheld from him over the past ten years.

Devyne Stephens, a music executive who helped launch Akon’s career &  Konvict Music label, claims he's supposed to be getting 40% of everything Akon's earned since 2006. He says their contract gives him a cut of record sales, touring rights, royalties and more, but apparently hasn't seen a dime of it yet.

As TMZ points out, Akon has earned over $400 million since 2006 if what Stephens says is true and based on the math. However who knows what he’ll end up getting, and based on the size of the lawsuit it probably won’t be worked out for a while either.

We’ll continue to keep you posted if any further updates arise.

[Via]

 


Akon

Akon Reportedly Sued $150 Million By Former Business Partner
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About The Author
Kevin Goddard is an editor for HNHH. He keeps you in the loop nightly by updating the site with your favorite songs, videos, mixtapes, and news stories, all while maintaining our social media game to be on point. His appreciation for art, and love for sports & fashion makes this Chicago writer very knowledgeable within the entire urban culture. Some of his favorite Hip Hop artists are Drake, Kanye West, Lil Wayne, A$AP Rocky, Wiz Khalifa, Kid Cudi, Big Sean, Childish Gambino, Miguel, Lupe Fiasco, Common.