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Rihanna Settles Multimillion Dollar Lawsuit With Former Accountants

rihanna that grape juice entertainment 2014 10 Rihanna Settles Multimillion Dollar Lawsuit With Former Accountants

‘Home’  star Rihanna has settled a multimillion dollar lawsuit with her former accountants this week, doing so after accusing them of financial mismanagement  and almost throwing her into bankruptcy.

What went down?

Full story below…

In 2012, the singer filed a lawsuit against accountancy and advisory firm ‘Berdon LLP’ after claiming that they had charged her ‘exorbitant’ commissions from her concert tours, failing to manage her domestic and foreign taxes and struggle to monitor unpaid song royalties she was owed.

Problematic, as their alleged incompetency saw her suffer sizeable losses during 2010′s ‘Last Girl on Earth‘ tour, while the firm “collected millions” as she faced bankruptcy.

Fortunately for the firm, Thursday saw the star’s lawyers reveal that she had agreed to settle the suit with the company, opting not to disclose any of its details, but cited the singer’s lack of knowledge with regards to financial matters when she first signed with the company as a contributing factor in their mishandling of her business.

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23 Comments

  • April 18, 2014 at 11:54 am
    cake like lady gaga says:
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    Has she paid the funeral home that she owes millions to though??

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    Lolz Replied:

    Death (pun intended)

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  • April 18, 2014 at 11:55 am
    Micks says:
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    Hows the S&M one coming along? Rihanna has had plenty lawsuits to her name but the navy make out shes innocent.

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  • April 18, 2014 at 11:58 am
    christinastherealtalent says:
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    Rihanna is just stupid and blames everybody else for her defaults. She loves playing the victim.

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  • April 18, 2014 at 12:00 pm
    Lolz says:
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    Clearly, Rihannas just not good with money and business. Hows she getting outwealthed by Justin Bieber with all the work she does? Her label milks her. She even dragged herself on Twitter posting her net worth.

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    Nessa gurl Replied:

    So 90 million is a bad thing? lol

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    Lolz Replied:

    In her position its not great.

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  • April 18, 2014 at 12:07 pm
    H2O says:
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    That picture ….. damn

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    RICHIE_RICH Replied:

    The Bish can take a pic now….She is eatting it.

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  • April 18, 2014 at 12:07 pm
    RICHIE_RICH says:
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    Damn, that money could’ve went towards Blue college fund. Damn she has more lawsuits than Beyonce’

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  • April 18, 2014 at 12:08 pm
    RICHIE_RICH says:
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    That money could’ve went towards Blue college fund. Rihanna has more lawsuits than Beyonce’. The Navy so DUMB.

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  • April 18, 2014 at 12:15 pm
    Revolution says:
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    This is the product of someone who drops out of school at 15.

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  • April 18, 2014 at 12:29 pm
    Nessa gurl says:
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    Rih gurrrl get it together.

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  • April 18, 2014 at 12:34 pm
    Lovebird says:
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    @Lolz

    But Taylor Swift out-wealths Beyonce and Beyonce is supposed to be the “highest paid female entertainer” according to your delusions.

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    Lolz Replied:

    Beyonce NET worth 350 million
    Taylor NET worth 150 million

    Where is she outwealthing her?

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    Lovebird Replied:

    Billboard’s highest paid artists 2014

    Taylor Swift – $39.7 million
    Beyonce – $24.4 million

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    Lolz Replied:

    Since when did a year = Total wealth?

    Unlike this JB 169 million
    Rihanna 90 million.

    Since you’re speaking 2014, where was Rihanna in that list with her massive Tour? My point exactly.

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    Lolz Replied:

    160*

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  • April 18, 2014 at 12:40 pm
    Lovebird says:
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    And once again the hive have proven to be ignorant on many issues, this being one of them, who is surprised really? One would think given Beyonce’s track record of multiple lawsuits concerning songs she has fraudulently claimed to be hers, they would be well versed in the legal terms that have haunted their fav since Destiny’s Child’s NO NO NO.

    If I sue you in a civil lawsuit and we decided to settle, this means we have agreed on a civil outcome outside court. This could be done in front of an arbitrator and could involve either agreeing to perform a service or on a lump sum of money.

    In this case, Rihanna sued the firm and the firm asked for a settlement outside court, seeing that Rihanna wants nothing to do with the firm, it can only mean the settlement involves the firm agreeing to pay Rihanna a lump sum of money for their incompetence.

    There, you have learned something today.

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    Mimi carey Replied:

    Delusions of grandeur. Your fave is an idiot middle school drop out just like Beyonce

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    Lovebird Replied:

    And you’re mine is in the recycling bin of Apple Inc servers.

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  • April 18, 2014 at 12:43 pm
    Mimi carey says:
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    f****** broke idiot kii

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  • April 18, 2014 at 12:57 pm
    Lolz says:
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    What does this have to do with Beyonce? Beyonce aint underpaid like your slave fave whos forever boasting about her NET worth.

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