Cardi B Counter Sues FMR. Manager For $15 Mil! | MUSIK !D TV NEWS
Recently, we discussed Klenord Raphael, a.k.a. “Shaft,” suing Cardi B for breach of contract, defamation, and declaratory judgment for $10 million. On July 5th, it has been reported that Cardi B is countersuing Raphael for $15 million, and she’s seeking to have management and recording approvals.
“Shaft unconscionably used his position of trust as a fiduciary to extract a larger portion of Ms. Almanzar’s earnings. The so-called 'Recording Agreement' between Ms. Almanzar and KSR further increased the percentage of commissions on all of Ms. Almanzar’s entertainment-related activities to an additional 25% (from the management agreement’s previous 20%)” – Cardi B’s complaint.
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