Thursday, July 16, 2020

Migos Suing Lawyers for Bilking Them Out of Millions


Atlanta rap group Migos filed a lawsuit against their lawyers accusing them excessive fees and conflicts of interest...


From The Hollywood Reporter
The hip-hop trio says it was "cheated out of millions of dollars" through excessive commissions and bad deals.
Migos are suing their longtime talent lawyer for allegedly taking "excessive fees" without a proper written agreement and failing to disclose conflicts of interest arising from his representation of their label.
The band is suing for professional malpractice, breach of fiduciary duty, violation of California Business & Professions Code 6147 and 6148 (which require contingency fee agreements to be made in writing), unfair competition and unjust enrichment. They're seeking a declaration that the 5 percent contingent fee agreement is invalid as well as restitution and punitive damages.