Recently unsealed court documents reveal that 50 Cent was ordered to pay $16 million in his lawsuit against Sleek Audio. Official court documents show that the rapper is to pay $11.6 million for misappropriation of trade secrets, unjust enrichment and breach of confidentiality. In addition, he was ordered to pay $4.4 million in legal fees and expenses.
Fif got the short end of the stick in court when an arbitrator found that the rapper had allegedly taken design secrets from Sleek to make his own headphones, Synch by 50 and Street by 50. A federal court in Miami awarded Sleek in the case, while the Queens rapper adamantly tried to keep the case documents sealed.
After scrapping the idea of doing a partnership together, 50 Cent has labeled Sleek "incompetent," while the company says the rapper is a "thief."
Source: miamiherald.com
