50 Cent Ordered to Pay $16 Million to Settle Sleek Audio Lawsuit
50 Cent is currently putting all of his energy into promoting his upcoming album, ‘Animal Ambition,’ but it looks like something more important has come up. A Miami court has just ordered the rapper to pay $16 million to settle a lawsuit with Sleek Audio.
The recently unsealed case reveals that Sleek Audio, a company 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 reports. 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 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.