50 Cent Ordered To Pay Headphone Company $16 Million
SMH at 50 Cent’s SMS business venture.
The rapper-mogul, who owns SMS Audio headphones, was recently ordered by federal court to pay more than $16 million to headphone company Sleek Audio, a Bradenton earphone company, “in connection with a failed partnership to produce the entertainer’s line of headphones,” Page Six reports.
The allegation details that the Queens MC allegedly stole the blueprint for the headphones before creating and selling a similar look under his 50-Over entity with another manufacturer.
Fif must now fork over $4.5 million in legal fees and $11.7 million in damages, according to the U.S. District Court in Miami.
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