From riches to rags and maybe back again, 50 Cent is making a
comeback in the US legal system.
Many of you may remember how back in July, 50 Cent made
headlines when he filed for bankruptcy. That happened just after he
was ordered to pay millions for releasing a sex tape of Rick
Ross' ex girlfriend (obviously).
Turns out there's another twist in the #rapperlifebankruptcy
saga. Back in 2010, 50 Cent entered into a venture with an audio
company, Sleek Audio, to try and create his own version of the
super lucrative Beats by Dreheadphones. The venture with Sleek went
a little pear shaped so 50 Cent created his own company, SMS Audio,
and launched the headphones himself. Sleek was totes unimpressed
and sued Mr Cent (aka Curtis Jackson) for stealing trade secrets
and effectively copying its design of the headphones. Sleek was
successful and was awarded $US15 million in damages and legal
fees.
