While Bad Boy Entertainment CEO, Sean 'Diddy' Combs, is being held without bond on kidnapping and human trafficking charges [click here if you missed that], his mother is being accused of using strong arm tactics to gain controlling interest of Bad Boy Entertainment.
This week Diddy's former business partner, Kirk Burrowes, filed a lawsuit accusing Diddy, on orders from his mother, of using threats and violence to force him into signing over his shares of Bad Boy Entertainment to her...
From The Daily Mail
Sean 'Diddy' Combs used a baseball bat to coerce his former righthand man and co-founder of his record label into signing over his shares of the company in an alleged scheme to give his mother total ownership, according to a shocking new lawsuit.
Bad Boy Entertainment co-founder and ex-president Kirk Burrowes, 62, claims he was forced to give up his 25 percent stake in the label to Diddy during a violent confrontation in 1996, DailyMail.com can reveal.
The music mogul, 55, allegedly subsequently transferred the shares to his mother Janice Smalls, 84, who had co-founded BBE with Burrowes four years earlier.
In new legal filings obtained by DailyMail.com, the ousted music executive, who had also served as the company's chief operating officer and general manager, says he's homeless and has had to endure 'prolonged periods of living in shelters across New York City' due to the 'immense' financial hardship as a result.
Burrowes is now suing Smalls, the label's majority stakeholder and who he alleges 'engaged in a decades-long scheme of intimidation, violence, fraudulent misrepresentation, and financial concealment.'
According to the lawsuit, the altercation took place in May 1996 when Diddy, wielding a baseball bat, entered Burrowes's New York City office with BBE attorney Kenneth Meiselas.
'By words and actions, Sean Combs and Kenneth Meiselas frightened and intimidated and assaulted plaintiff (Burrowes) and forced him to turn over his share certificate for 25 shares of Bad Boy Entertainment to Sean Combs,' the lawsuit filed in federal court in New York Wednesday states.
'Plaintiff, fearing for his life, with tears streaming down his face clearly unable to resist under the circumstances, involuntarily signed the documents.'
Smalls was not in the office the day of the alleged assault, which the filing notes was unusual.
When Burrowes contacted Smalls after the incident 'seeking guidance', she 'pretended she was unaware' of what Combs and Meiselas had allegedly done, the papers state.
Though Smalls wasn't physically present at the time of the altercation, Burrowes claims Diddy and Meiselas 'were acting under [her] direction'...'to orchestrate the fraudulent involuntary transfer'.
The lawsuit goes on to claim that the 'Defendants not only defrauded [Burrowes] of his rightful stake in BBE but also systematically sabotaged his career.'
'They blacklisted him from the music industry, blocked business opportunities, and destroyed his professional reputation, ensuring he would remain financially destitute and unable to reclaim what was rightfully his,' the documents state.
Burrowes says he is owed millions in lost profits, claiming he invested $100,000 of his own money when Bad Boy Entertainment first launched.
He's seeking damages for financial losses, reinstatement of his 25 percent ownership stake, his 15 percent annual share including interest, and a forensic audit of Bad Boy Entertainment's earnings and profits from its inception to the present.
11 comments:
NOW THEY USING PUFF'S OLD ASSOCIATES TRYING TO COME AT MAMA COMBS.
I THINK THE FEDS ARE BEHIND THIS TO TRY TO GET PUFF TO FOLD & ACCEPT A PLEA DEAL BECAUSE THEIR CASE IS TOO WEAK FRO TRIAL.
THREE MORE MONTHS UNTIL HIS TRIAL.
Like mother, like son. Both be dealing dirty.
Why not add more charges. What else do they have to lose?
Are they laying the groundwork for a Janice Combs RICO? This the same way Cassie's case started now look at Diddy.
This case will go nowhere…
Didn’t know boss mother’s last name was smalls!! Is that how he came up with Biggie Smalls name ? As a nod to his mother?
They not adding more charges yet because this appears to be a ploy to get at Diddy where they hope he'll see that they have no problems coming after his elderly mother. This is one of the ways the feds play dirty but can still be legal in an effort to get the one they want to plead guilty or accept a plea deal.
If Diddy won't plead or take a plea deal they'll probably find more charges against Ms.Combs.
One of the many ways the feds like to be Effective!
Kirk is a good dude! He really do deserve to be financially compensated. He was forced out of the original deal. And walked away with pennies.
Chickens coming home to roost, cockadoodledoo!
@10:09 - I was wondering that too. On another note, I see she’s been wearing them busted blonde wigs from day one SMH
I think the whole point with going to jail is to not only from committing a crime but to save yourself from torment by reading the Holy Bible. That's the only time you would commit yourself as a foul dem0n!c person to do it. Life is so much more important being pure D selfish to a narcissis who come from baby boomers who looked up to corporste yt america after they got the message from when MLK was assassinated.
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