Key takeaways:
- The jury awarded Flo Rida and his production company $82.6 million after finding that Celsius Holdings Inc. had breached a contract with the rapper and singer.
- The lawsuit alleged that Celsius Holdings Inc. had violated the conditions of an endorsement deal with Flo Rida and his production company.
- The jury’s decision is a victory for Dillard and his production company, who will now receive the full amount of money they were owed under the contract.
On Wednesday, a South Florida jury awarded hip-hop artist Flo Rida, whose real name is Tramar Dillard, and his production company, Strong Arm Productions, $82.6 million after finding that Celsius Holdings Inc. had breached a contract with the rapper and singer, and tried to hide money from him.
The lawsuit, filed in Broward County court in May 2021, alleged that Celsius Holdings Inc. had violated the conditions of an endorsement deal with Flo Rida and his production company.
In court and in previous filings, lawyers for Celsius argued that the company had paid Dillard and his production company the full amount due under the contract. However, the jury found that the company had not fulfilled its obligations and had attempted to hide money from Dillard.
Dillard told The Associated Press that he had helped to “birth” the company, and that he and his production company had been looking for trustworthy people who acted as if they were family.
“And then when it comes down to the success of today, they just forgot about me,” Dillard said.
The jury’s decision is a victory for Dillard and his production company, who will now receive the full amount of money they were owed under the contract. The case serves as a reminder to companies to honor their contractual obligations and to treat their partners with respect.
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