Jeezy was hit with a countersuit from a former supervisor, who says he saved the rapper from monetary collapse and was by no means correctly paid.
Jeezy is now going through a authorized counterpunch in Atlanta after accusing his former supervisor of economic misconduct and being met with a scathing response that claims he was rescued from monetary destroy.
Solomon Fornie, the rapper’s ex-manager, has fired again with a countersuit that paints a really completely different image—one wherein he says he saved Jeezy’s profession and private funds when the Hip-Hop star was “broke and going through lawsuits,” in keeping with courtroom paperwork obtained by The Jasmine Model.
“I put my funds, my credit score, and my fame on the road to rebuild Jenkins’ profession from the bottom up,” Fornie acknowledged within the submitting. “He went from foreclosures to Forbes, and now he needs to fake I used to be by no means there.”
Fornie alleges he paid off Jeezy’s properties, coated payroll for his companies, and even borrowed $400,000 to maintain operations working—cash he says has by no means been repaid.
He additionally claims he labored with out fee for 5 years, surviving on a modest stipend tied to a cope with Avion Tequila.
Jeezy Accuses Managers Of Monetary Deception
The countersuit comes after Jeezy filed a lawsuit in February, accusing Fornie and enterprise affiliate Eddie Bridgeman of economic mismanagement and obstructing entry to essential monetary data. Jeezy claims the 2 made unauthorized offers and used his cash for private profit.
Jeezy and Fornie co-founded Company 99 in 2015 to handle the rapper’s earnings and broaden his model. Bridgeman’s SaiSai Group was later introduced in to deal with monetary oversight.
Jeezy now says he found Bridgeman was not a licensed CPA, elevating issues concerning the legitimacy of their financial practices.
The rapper additionally alleges that Fornie and Bridgeman blocked his entry to Company 99’s monetary data, stopping him from fulfilling authorized necessities below Georgia legislation to both reinstate or dissolve the corporate.
Fornie, nevertheless, says he was instrumental in negotiating main offers for Jeezy, together with a New York Occasions bestselling ebook, partnerships with Avion Tequila and Naud Cognac, a FOX Soul speak present, and a $15 million publishing settlement with HarbourView.
The authorized battle is ongoing, with Jeezy looking for damages and full entry to the monetary data tied to Company 99.
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