A jury awarded Flo Rida more than $82 million in damages on Wednesday after agreeing that the makers of Celsius energy drinks stiffed the rapper on stock and royalties under the terms of a 2014 endorsement deal.
Flo Rida, real name Tramar Dillard, sued Celsius for breach of contract in 2021, claiming his image had helped grow the brand internationally over four years. His attorneys argued during the five-day trial that Dillard was entitled to additional stock amounting to a 1 percent stake after he’d helped it meet key sales thresholds.
“I put them on my back and Celsius accompanied me all over the world, through my videos, concerts, appearance and social media,” Dillard said after the verdict was returned. He drank from a can of Celsius as he spoke to reporters, according to. “Basically, I helped birth this company, and all we was looking for was some trustworthy people who acted as if they were family,” he told the Associated Press. “And then when it comes down to the success of today, they just forgot about me.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rapper Flo Rida Wins $82 Million In Lawsuit Against Celsius Energy DrinksRapper Flo Rida was awarded more than $82,000 on Wednesday by a Florida jury in his lawsuit against Celsius energy drinks, after he claimed the company owed him money and stock options over an endorsement deal.
Read more »
Flo Rida Awarded $82M in Celsius LawsuitPlatinum-selling hitmaker Flo Rida undoubtedly has a good feeling about his recent lawsuit victory against energy drink giant Celsius ... a jury awarded him $82 million in damages!!! That's a lotta fizz.
Read more »
WTI drops back below $82 despite upbeat IEA’s oil market reportIn its latest oil market report published on Wednesday, the International Energy Agency (IEA) said that China is set to account for half of 2023 oil d
Read more »
Flo Rida Wins $82M Verdict in Legal Battle With Energy Drink CompanyThe rapper claimed Celsius owed him millions more under an endorsement deal. After a five-day trial, a jury agreed.
Read more »
Rapper Flo Rida awarded $82.6M for breach of contract caseHip hop artist Flo Rida was awarded $82.6 million on Wednesday after a South Florida jury found that the makers of Celsius energy drinks breached a contract with the rapper and singer, and tried to hide money from him.
Read more »
2023 Lovers & Friends Festival Fully Leans Into 2000s Nostalgia With Missy Elliot, Usher, Mariah Carey2023 Lovers & Friends Festival is leaning further into early 2000s nostalgia featuring headlining performances from Missy Elliot, Mariah Carey, and Usher.
Read more »