T-Pain hit his former management company, Chase Entertainment Corporation with a lawsuit after accusing them of stealing money from him over the years, The Blast reports. The singer alleges that the company owes him one million dollars.
T-Pain is accusing Chase Entertainment Corporation of illegally taking commissions over the years. The singer explained that he signed a deal with the company in 2005 and renewed the contract for an additional five years in 2009. Chase Entertainment agreed to serve as T-Pain's personal manager and talent agent for 20% commission of his recordings and endorsements. T-Pain argues that he's been paying them their rightful commissions on time over the past few years. However, he claims he recently discovered Chase Entertainment wasn't actually a licensed agency.
In documents, T-Pain said that over the years, “a relationship developed in which Plaintiff placed his full faith and trust” in Chase Entertainment Corporation who “promised to protect him and advise his career decisions.”
Pain claims that he fired his management in 2014. Since then, he said that he demanded that they stop interfering with any of his business. Additionally, he accuses the company of not handing over the money they made off of his music career.
Pain alleges the former manager of not paying for the expenses they were required to cover, failing to account for all the money brought in and failing to provide the accounting of his finances.
Pain accuses Chase of taking money illegally from commissions without the proper talent license as well as for allegedly "concealing from Plaintiff the true nature and details of the financial agreements related to his music career, including the income truly earned by him from his public performances and the necessary and proper expenses occurred in connection with same and marketing monies received by Defendant on behalf of Plaintiff’s career.”
Pain is demanding $1M in damages and to be given back the commissions he paid out since 2005.
