Rihanna Settles With Ex-Accountants
Craig Harris / WENN
Pop icon Rihanna has agreed to settle and thus put an end to her longtime battle with her previous accountant team.
In 2012, Riri filed a lawsuit against Berdon LLP, a New York company, after she suffered big losses in finances during the period they were managing them. She also said they failed to sort her taxes and charged an above-average commission fee.
When they hit back, they said the singer was the one to blame for her financial problems. Whatever the case, they have both agreed to settle.
Lawyers of both parties asked the judge to dismiss the lawsuit during a hearing at a court in New York City on Thursday, April 17.
The terms of the settlement were not disclosed during a brief hearing before U.S. District Judge Kevin Castel in New York.
Lawyers for Rihanna and for the defendants, accounting firm Berdon and former employees Michael Mitnick and Peter Gounis, declined to give any comments.
WENN
When she first hired Berdon, the lawsuit claimed, she was only 16 years old and knew very little about financial matters and ways to handle them.
As a result of the firm’s mishandling of her finances, Rihanna allegedly suffered major losses during her 2010 “Last Girl on Earth” tour, even as Berdon collected millions of dollars in commissions, as stated in the lawsuit.
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