JAY-Z is reportedly being sued for stopping payments to an old business partner.
According to TMZ, Jay had an existing deal with an old business partner, Raynard Herbert, on royalties for his debut album, Reasonable Doubt. However, allegedly, Raynard stopped receiving the checks about ten years ago. He now would like to get all that money back.
The Guardian reports that Raynard Herbert used his connections to help land Roc-A-Fella a distribution deal in 1995. An agreement was made where he'd get 1% of sales on the Reasonable Doubt album. Everything was going very well for the first decade until November 2008.
Raynar Herbert claims that in 2010 he made attempts to contact JAY-Z's crew "to inquire about his missing royalty checks, and also update his address, but still no luck."
Contractually, Raynar Herbert was promised 1% on royalties from Reasonable Doubt. As such, he is suing for what he believes he is owed as well as damages, interest, and extra fees.
It is yet to be discerned whether or not Herbert can recover all those funds from J-Hova. Meanwhile, we do not have any information from JAY-Z or his people regarding the validity of Herbert's claim.