Jay Z Faces Lawsuit For Failed Business Deal

Entertainment
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Report has it that Jay Z is currently facing litigation concerning a business deal gone gone sore. The rapper is being sued for over $20 million by Parlux Fragrances, the company who created his scent Gold Jay Z.

According to the brand, Jigga failed to live up to the agreement concerning the deal, which has led to a loss.

Report also has it that the company was expected to earn a sum of $50 million over a period of two years if the rapper had honoured the agreement.

According to DailyNews, Jigga was meant to make at least six promotional appearances including an appearance on Good Morning America, an exclsusive interview with Women’s Wear Daily and an in-store appearance at Macy’s.

The company wants the rapper to pay them $18 million as compensation for the breach of contract.



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