Madlib Files Lawsuit Against Former Manager for Alleged Financial Mismanagement and Self-Dealing
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Madlib (Otis Jackson Jr.) has filed a lawsuit against his longtime manager Eothen Alapatt (known professionally as Egon) for alleged mismanagement and self-dealing. The lawsuit comes after a 14-year business relationship following Madlib's departure from Stones Throw Records.
Key allegations in the lawsuit:
- Egon established and controlled two companies (Madicine Show and Rapp Cats) to manage Madlib's career, music distribution, and merchandise
- Egon allegedly had exclusive control over all financial decisions, bank accounts, and payments
- A forensic accounting (2018-2022) revealed several irregularities, including:
- Undocumented "consulting" and "reimbursement" payments totaling hundreds of thousands of dollars
- Questionable handling of millions in deposits to company accounts
- Improper insertion of Now-Again Records as a middleman with distributor Ingrooves
- Unauthorized fees taken from Madlib's project revenues
The lawsuit seeks:
- Dissolution of both Madicine Show and Rapp Cats
- Breach of fiduciary duty claims against Egon and Now-Again
- Termination of all rights granted to both companies
- Full access to company records and social media accounts
The case highlights the importance of proper management and transparency in artist-manager relationships in the music industry.
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