Ne-Yo Suing Former Manager for $8 Million
Posted by Jeffrey Harris on 07.31.2014
Ne-Yo claims ex-manager moved his money without permissionů
The Daily News reports that R&B singer-songwriter Ne-Yo has sued his former manager Kevin Foster in federal court in Manhattan. Ne-Yo is seeking a total of $8 million in the suit.
Foster reportedly handled Ne-Yo's finances in 2005. Per the lawsuit, Foster moved some of Ne-Yo's money without permission. The lawsuit also alleges that Foster faked Ne-yo's name on loan documents and invested Ne-Yo's money in a water company that was on the edge of bankruptcy.
Ne-Yo is seeking $4.5 million plus $3.5 million in fees that Ne-Yo says he paid Foster.