50 Cent takes legal action against Sleek Audio, who he alleges have yet to deliver on their longtime debt
50 seems to be taking advantage of his recent good luck in the courtroom. Afterbeating the copyright case against “Before I Self Destruct” earlier this week, 50 is headed back to the courthouse, but this time he’s the one doing the suing.
Fif has set out to collect on an alleged debt owed to him by former business partners Sleek Audio. The G-Unit leader is seeking a hefty $261,000 from the company, who claim that 50 pulled the plug on their agreement to launch a new line of headphones.
50 maintains that Sleek Audio signed a promissory note of $285,000 plus interest to be paid before July 31, 2011. While he has received an arbitration award for the amount owed, it has yet to be approved by the court.
More coverage to follow as information arrives.
