04.27
DMX is suing Rich Kid Entertainment claiming that he was ripped off for $1 million in royalties.
DMX, who is currently serving a 6-month sentence, filed the lawsuit Monday saying that the entertainment company pocketed 100% of the funds from a contract signed a decade ago that was only supposed to provide a 10% cut, reports the New York Daily News.
“DMX has sold over 30 million albums worldwide and has had No. 1 singles and albums on the Billboard charts, which in turn have generated a great amount of revenue for Defendants, but has left [DMX] with nothing,” the suit says.
Apparently, X didn’t even become aware of the “fraudulent acts” until last year – because he had bigger problems.
“From 2000 through 2008, Simmons was in and out of jail and changed representatives numerous times,” the suit says.
[...] DMX In Court Again, But It Has Nothing To Do With Crack [Entertainment Rundown] [...]