50 Cent Sues Headphone Company For $285K

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Rapper 50 Cent Is Suing A Florida Wireless Headphone Company

Rapper 50 Cent is suing Sleek Audio LLC., a company that develops and manufactures wireless hybrid earphones, for a $285,000 promissory note he lent the company that has remained unpaid according to court records. In addition to having his advance money returned, 50 Cent requested $61,429 in back interest, an additional 15 percent for any debt that remains unpaid going forward, and for Sleek Audio to pay legal fees tied to the issue. Jackson claims Sleek Audio agreed to begin payments on the loan once the company notched $750,000 in sales revenue, which was met in February 2011.

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