Sly Stone Awarded $5 Million in Royalty Lawsuit

Discussion in 'Entertainment' started by truebluefan, Jan 28, 2015.

  1. truebluefan

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    Sly Stone was awarded $5 million after a Los Angeles Supreme Court jury found that the Rock and Roll Hall of Famer was cheated out of over a decade's worth of royalties by his former manager and an entertainment lawyer. In the breach-of-contract lawsuit, Stone's lawyers argued that Gerald "Jerry" Goldstein and Glenn Stone had tricked Sly Stone into becoming an employee and co-owner of a company called Even St. Productions, which they then used to pocket Stone's royalties through "shady accounting."

    Read more: http://www.rollingstone.com/music/n...ion-in-royalty-lawsuit-20150128#ixzz3Q8ee6hgb
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