Tuesday, April 8, 2014

50 Cent Ordered to Pay $16 Million to Settle Sleek Audio Lawsuit

50 CentJamie McCarthy, Getty Images

50 Cent might be putting all his energy into promoting his upcoming album, ‘Animal Ambition.’ But the rapper might have to put a bit of a hold on that since a Miami court has just ordered him to pay $16 million to Sleek Audio.


The recently unsealed case has just revealed that Sleek Audio, which was set to make a line of wireless headphones for Fiddy, has sued him for “damages for misappropriation of trade secrets, unjust enrichment and breach of confidentiality,” the Miami Herald reported. Part of the $16 million he owes the company also includes $4.4 million in legal fees.


After seeing the success that Dr. Dre had with his Dr. Beats audio line, 50 joined up with Sleek to design a line of wireless, over-the-ear headphones in early 2011. However, the partnership collapsed that following May with reports saying that the two just did not get along. And according to these new unsealed documents, 50 has been accused of stealing design secrets from Sleek.


Despite these new developments, 50 Cent and his lawyers have been quiet about the situation. However, we have a feeling that silence won’t last very long.