G Herbo, a prominent figure in the music industry, has recently found himself embroiled in a tumultuous legal battle against his former manager and record label. Allegedly, the artist claims he’s owed an enormous $40 million due to what he perceives as years of “injustice and one-sided transactions”.
According to the initial reports by AllHipHop, G Herbo alleges he’s owed a hefty sum of $40 million. This figure is broken down into $20 million for alleged defamation and another $20 million for an alleged breach of fiduciary duty. These allegations stem from his tenure under the management of Joseph “JB” Bowden, the co-founder of Machine Entertainment.
Unfair Deals and Fiduciary Failure
Herbo’s legal team argues that his “lack of knowledge” about the music industry was exploited, starting when he was just a minor. Bowden, Herbo’s former manager, is accused of ensuring that G Herbo would have “no access” to the money he earned. It’s further alleged that Bowden intended to render Herbo “forever indebted” to him and the label.
Machine Entertainment’s Rebuttal
In response to G Herbo’s claims, Machine Entertainment alleges that Herbo owes them more than $8 million. However, Herbo has vehemently disputed this figure. The ongoing saga continues to evolve, with both parties standing firm in their respective positions.
Release Agreement Controversy
G Herbo aims to hold the defendants to a release agreement from August of this year. He alleges that Bowden and his company have tried to evade this agreement by making allegations of being “threatened with guns and violence”. According to Herbo’s lawyer, these allegations are nothing more than “outright lies”.
New Music Amid Controversy
Despite the ongoing legal battle, G Herbo continues to make music and recently collaborated with SheedTs on a revised version of the track “Remember,” featuring a video directed by Diesel Films.
Conclusion
While the legal proceedings are far from over, the case has certainly shone a spotlight on the darker aspects of the music industry. G Herbo’s story serves as a stark reminder of the importance of proper management and fair deals for artists, young and old alike.
As the artist himself said, it’s crucial to stand your ground and fight for what’s right, and only time will tell how this legal battle will unfold.
