50 Cent ordered to pay $16M in stolen headphone design case!!!

[Ear2DaSt]

the boat still afloat

 

[illedout]

U ain't a boss if u ain't never took a loss

U live and learn if u have to pay that much it shows much he got

Oh and @illedout‌

Doubt it

if that's tru how they say it is

Bruh..

That shit was a misunderstanding..

I misread a text message..

 

[GetoBoy]

Unless you sitting on Oprah money THIS is a big L...50 gonna feel that 16 mill missing

 

[BigBallsNoWorries]

Unless you sitting on Oprah money THIS is a big L...50 gonna feel that 16 mill missing

He will

But he putting out this music, supposedly two albums, touring, boxing shit among other shit

He"ll get some of that bread back

 

[supergangster]

50 cent clean his shit with 1000 dollar bill. Money ain't a problem for him

50 THE KING KONG!

 

[BigBallsNoWorries]

U ain't a boss if u ain't never took a loss

U live and learn if u have to pay that much it shows much he got

Oh and @illedout‌

Doubt it

if that's tru how they say it is

Bruh..

That shit was a misunderstanding..

I misread a text message..

Oh aight

Fuvk yo text message then nigga

 

The user and all related content has been deleted.

 

[supergangster]

he can't bully his way out of this one.

why he dont run up on these crackas tryin to take his money?

It's the jews .. Don't fuck with the jews..

 

[Ear2DaSt]

Free 50!

 

[5 Grand]

he can't bully his way out of this one.

why he dont run up on these crackas tryin to take his money?

He should make a diss record

 

[dwade206]

he can't bully his way out of this one.

why he dont run up on these crackas tryin to take his money?

Dude was too busy trying to sabotage the careers of his fellow artists.

 

[RNS]

I don't care what niggas say...16 million is still a lot of money.

 

[alibaba]

Bu bu but hes worth 500 million tho

 

[deadeye]

http://www.theroot.com/articles/cul...o_pay_16_million_in_headphone_settlement.html

Rapper 50 Cent Ordered to Pay $16 Million in Headphone Settlement

An arbitrator found that the artist and entrepreneur stole designs from Sleek Audio to start his own headphone line.

BY: STEPHEN A. CROCKETT JR.

Posted: April 9 2014 8:06 AM

Looks like 50 Cent is going to have to fork over $16 million.

That's because the rapper turned mogul was supposed to produce a line of headphones with Sleek Audio but reportedly snagged design secrets from the Florida company and used them to create his own headphones, the Miami Herald reports.

According to a recently unsealed court documents viewed by the Miami Herald, 50 Cent, whose real name is Curtis Jackson, has been ordered to pay $11.6 million in damages for misappropriation of trade secrets, unjust enrichment and breach of confidentiality; and $4.4 million in legal fees and expenses. The amount of the award had been kept confidential.

After seeing the success of Dr. Dre's "Beats by Dre" headphones, 50 Cent and Sleek Audio teamed up in 2011 to create and market a line of over-the-ear wireless headphones to be called "Sleek by 50."

The Herald says that the rapper and the audio company split ways without every making or marketing any headphones.

The Herald reports that an arbitrator ruled that 50 Cent stole designs from Sleek Audio headphones to make his own lines, "Street by 50" and "Synch by 50."

A federal court in Miami agreed with the arbitration and awarded Sleek Audio $16 million, an amount that 50 Cent tried desperately to keep sealed, according to the Herald.

Dude might have to file for bankruptcy because I don't even think he has $16 million to just fork over like that.

Also wondering why he agreed to go through arbitration because when you do that.....both parties agree to comply with the terms of the arbitration.

Basically, because it was an arbitrator's decision and not a court ruling...he can't even appeal this to try and get it overturned or reduced.

That's a lot of money to lose for trying to duplicate Dr. Dre's success.

 

[BigBallsNoWorries]

Again nigga is worth over 100 mill

He should have it

 

[MR.CJ]

he can't bully his way out of this one.

why he dont run up on these crackas tryin to take his money?

He should make a diss record

Bring that aggressive content

 

[Young Stef]

Goes to Youtube *Cues I Get Money* followed by Things Change

 

[a.mann]

Again nigga is worth over 100 mill

He should have it

What you are worth isn't necessarily what you have in the bank.

Trust me, 50 is NOT going to just casually cut a check for 16 mil without reservations

 

[StillFaggyAF]

 

[DarcSkies]

Again nigga is worth over 100 mill

He should have it

What you are worth isn't necessarily what you have in the bank.

Trust me, 50 is NOT going to just casually cut a check for 16 mil without reservations

Plus he made that deal years ago.

100M - Taxes - baby mama - all the shit rich niggas gotta ay that i dont know shit about - (Tony Yayo + Llyod Bank's bedroom sets and wifi expenses) = Who KNows What...

And that nigga still got more money than all of us. LAWD! Gettin shot in the jaw aint never been more profitable.