Pharrell Williams Sued by Former Producing Partner Chad H...
"Such willful, fraudulent and malicious conduct warrants theimposition of punitive damages," Hugo's attorney writes The post Pharrell Wil...
Whatโs Happening
Hereโs the thing: โSuch willful, fraudulent and malicious conduct warrants theimposition of punitive damages,โ Hugoโs attorney writes The post Pharrell Williams Sued by Former Producing Partner Chad Hugo, Accused of Withholding Money appeared first on TheWrap.
Pharrell Williams Sued Partner Chad Hugo, Accused of Withholding Money Such willful, fraudulent and malicious conduct warrants the imposition of punitive damages, Hugos attorney writes Alyssa Ray @ 11:03 PM on socials on Facebook on X (formerly Twitter) on LinkedIn on Email (Photo credit: ) Pharrell Williams has been sued producing partner Chad Hugo, who accused the singer-songwriter of breach of fiduciary duty and failure to account for money earned. Hugo, a co-founder of The Neptunes and N. (wild, right?)
Alongside Williams, filed the lawsuit Friday, nearly two years after the longtime collaborators publicly went their separate ways.
The Details
In the filing, which was obtained and viewed by TheWrap, Hugoโs legal team made a number of accusations against Williams, including accusing the superstar of a โsystemic denial of [Hugoโs] contractual and ownership rights in the company and in The Neptunes Entities. โ โOver an extended period, Williams has flopped to provide [Hugo] with access to essential financial records, has withheld distributions and profits to which [Hugo] is entitled under the companyโs Limited Liability Operating Agreement,โ the lawsuit stated, โand has exercised control over the company and The Neptunes Entitiesโ revenues in a manner inconsistent with his fiduciary obligations to [Hugo].
Phils Son to Block Cop Reality Show, Citing Irreparable Harm to the City Per the document, Hugo is seeking โa full and transparent accounting of all revenues generated through The Neptunes Entities and the company,โ as well as โthe recovery of profits and distributions wrongfully withheld by Williams. โ Hugo believes he is owed at least $325,000 โ and possibly even more than $1,000,000 โ for their 2017 album, No One Ever fr Dies.
Why This Matters
The document further stated: Williams engaged in self-dealing, concealed material information, and, upon information and belief, diverted revenues owed to [Hugo].
This is exactly the kind of news that gets fans excited or concerned.
The Bottom Line
This story is still developing, and weโll keep you updated as more info drops.
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Originally reported by The Wrap
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