Flo Rida Wins $82M Verdict in Legal Battle With Energy Drink Company

  • 📰 billboard
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Flo Rida claimed Celsius owed him millions more under an endorsement deal. After a five-day trial, a jury agreed.

, Flo Rida’s attorneys said their client was pleased with the outcome and believed that “the justice system performed well today.”of the firm Kelley Uustal, who repped the rapper along with partner. “He was due these shares, he worked for them, and he wasn’t going to just let it go.”

An attorney for Celsius did not immediately return a request for comment on the verdict. Celsius will be able to appeal the verdict, first by asking the judge to overturn it and later by appealing the case to a state appeals court. During a five-day trial, attorneys for the rapper argued that Celsius had met key sales thresholds that entitled Flo Rida to additional stock amounting to a 1 percent stake in the business — a cut his lawyers claimed was worth at least $75 million now that Celsius had grown successful. They said his promotion had helped boost “a tiny local company that was about to go out of business.”

Celsius’ lawyers argued back that the company had broken no promises, saying the sales thresholds hadn’t been triggered and that the rapper had already been paid “far in excess” of what he was owed. They told the jury that Flo Rida was simply chasing a large cash payout to which he wasn’t entitled, saying, “A business deal is a business deal. You don’t get a do-over just because you’re unhappy with the results.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

artists with riaa diamond-certified singles STAY winning iktr

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 112. in BE

Belgique Dernières Nouvelles, Belgique Actualités