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Akon Sued By Business Partner Over Debt of $150M

Konvict Music boss, Akon, has allegedly been holding out on his Business Partner for over 10 years and owes a whopping $150 million in unpaid fees, according to TMZ.

Devyne Stephens – the biz partner in question and the man who filed the lawsuit, helped launch Akon’s career and Konvict Music label, and claims in the lawsuit that he’s supposed to be getting 40% of all Akon has earned since 2006 (including cut of record sales, touring rights, royalties and more).

Akon’s old pal admits they had a dispute over the contract but says they squashed it in 2015. However, Stephens says he still hasn’t gotten a single dime even after they settled.

Akon has earned nearly $400 million in just over 10 years, and Stephen is suing to get $150m from it.

This post first appeared on The Parrot, please read the originial post: here

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Akon Sued By Business Partner Over Debt of $150M


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