Judge order 50 Cent to pay $16 million to headphone manufacturer

50 cent

Rapper 50 Cent lost a lawsuit that was filed against by a company called Sleek. Sleek sued 50 for misappropriating trade secrets, breaching fiduciary duty owed to Sleek, participating in a civil conspiracy, breach of confidentiality agreement and unjustly enriched.  In a counter suit 50 alleged Sleek fraudulently induced hm into entering into an investment with them and breaching their fiduciary duties to him.    50 and the headphone company has been feuding for over a year and now the headphone company has won the battle.  50 owes Sleek headphones $11,693,247 in damages plus $4,488,331 in attorney fees.  Sleek filed a lawsuit last year after a deal to manufacturer headphones for 50 fell though.  After the deal fell though, 50 found another company to manufacture  supposedly a different design headphones.  Sleek realize the other company was basically manufacturing the same headphones design that Sleek had developed.  The rapper claim that Sleek had security lapses that had allowed Sleek competitors to see their design, but there is no evidence that support the claim.

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