Rapper Jay Z has been Sued For Allegedly Not Paying Business Partner “Reasonable Doubt” Royalties.
Raynar Herbert sued Jay Z claiming that he stopped paying him his royalties in November, 2008 for his debut album dubbed Reasonable Doubt which he helped him to find connections way back in 1995.
According to reports, Raynar Herbert has decided to sue Roc C.E.O after he stopped him about ten years ago following his successful deal they signed.
According to TMZ, Raynard Herbert claims he used his connections to help land Jay’s Roc-A-Fella a distribution deal in 1995, which led to an agreement where he’d get 1% of sales on the “Reasonable Doubt” album. While things were apparently going smoothly for the first 12 years, Herbert claims he stopped getting paid back in November of 2008.
Raynard has therefore decided to sue Jay Z for apparently failing to pay him his 1% royalties like they earlier agreed.
He believes he’s owed, Jay Z is reportedly supposed to pay for plus damages, interest, and extra fees for that period he has not been paid.
Jay Z hasn’t come out to clear the air about these so called ‘Not paying a business partner’ allegations.
Jay Z and his wife Beyonce Knowles Carter are currently on their second joint world tour, ‘On The Run 2.’