Flo Rida is awarded $82.6 million in legal case against Celsius energy drinks… who says she hid finances from her
- The 43-year-old rapper was awarded a jury award following a settlement lawsuit
- He initially filed the lawsuit in May 2021 over a 2014 contract.
- He first claimed that he was owed $30,000 for the violation of the agreement, but the sum increased as the company’s fortunes increased.
Flo Rida was awarded $82.6 million on Wednesday by a jury in Broward County, Florida, in his breach of contact lawsuit against the maker of Celsius energy drinks, who he says tried to hide the facts from him. income.
The 43-year-old rapper initially filed the lawsuit in May 2021, saying the drinks company’s parent company, Celsius Holdings Inc., had breached previously agreed terms of a deal they had made in 2014. TMZ informed.
The Carol City, Florida native, whose real name is Tramar Dillard, first claimed he was owed $30,000 for the breach of agreement, but the amount increased as the company’s fortunes increased.
The latest: Flo Rida, 43, was awarded $82.6 million on Wednesday by a jury in Broward County, Florida, in her breach of contact lawsuit against the maker of Celsius energy drinks. Photographed last month in Fort Lauderdale, Florida
told the access point, ‘Basically, I helped build this company, and all we were looking for was trustworthy people who acted like family. And then when it comes to today’s success, they just forgot about me.
Lawyers for the beverage company said his success came after the endorsement deal with the Right Round artist concluded, and was attributable to other business-related factors.
The company still has the option to appeal the verdict delivered by the jury.
Flo Rida’s attorney, John Uustal, said the Whistle artist was willing to take a one percent ownership stake in the business he was initially promised, instead of the $82.6 million awarded by the jury.
The rapper was pictured in court on Tuesday amid the case against the energy drink maker.
The Right Round artist was seen performing at a Denver Broncos halftime show in 2021
Flo Rida’s attorney, John Uustal, said the Whistle artist was willing to take a one percent ownership stake in the business that he was initially promised, instead of the $82.6 million awarded by the jury.
Flo Rida “loved the product and it’s been a very successful four-year relationship,” said Uustal. ‘There were some landmarks. You were supposed to get shares when certain things happened. And there was a dispute over whether those benchmarks had been reached. So that was what it was about.
Flo Rida said that he enjoys the products and remains a shareholder in the organization, with whom he would be willing to work with in the future.
“I still own the company,” Dillard said, the AP reported. “And when you’ve basically planted the seed of something that’s successful, you can’t help but have unconditional love.”