Akon: Facing $150 Million Lawsuit By Business Partner
Geez, another celebrity lawsuit! Looks like Akon and his old buddy, Devyne Stephens will be reuniting … in court!
The two have been business partners for over 10 years and now Devyne is claiming Akon owes him $150 million.
Stephens is the music executive who helped start Akon’s career and record label ‘Konvict Music’. According to reports, he says in the lawsuit, that he hasn’t been getting the 40% that he was contractually promised back in 2006.
Although, there was a dispute over the contract a few years ago, it was resolved, and he has yet to be compensated. Apparently, the contact gives him a cut of touring rights, record sales and royalties.
Akon hasn’t responded to the lawsuit, but numbers show he made about $400 million in the past 10 years and Devyne just wants what he’s owed…. According to him of course!