Dr. Dre, Jimmy Iovine and Beats Electronics LLC are all named in the latest celebrity lawsuit. Monster LLC, the makers of Meek Mill’s 24K headphones filed lawsuit documents claiming “fraud and deceit” in the Apple Inc. and Dr. Dre deal of Beats by Dr. Dre headphones.
Get the details down bottom.
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Monster named Dre, Iovine along with HTC America Holding Inc. in the suit filed with California’s County Superior Court, stating that that they are the masterminds behind the popular headphone set and was then cut out of the deal made with Apple. The claim adds that the defendants [Dre, Iovine, etc.] all hand a hand in sinking their claws into fraudulently taking credit for everything from the development to the distribution and retail rights of Beats by Dr. Dre. Now, Monster is ready to get back what they feel like they are owed.
In 2011, HTC said it would buy a 51 percent stake in Beats for $309 million. Beats bought back half of HTC’s interest in the company soon after the transaction, the complaint said.
There is no exact money figure named in the suit, but come on now, it’s Apple and Beats by Dr. Dre; surely it’s going to be a big one.
[via]
