Singer seeking $50m (£30.9m) from Jerry Goldstein
Sly Stone is suing his former manager, for $50m (£30.9m) he claims he is due because of fraud and stolen royalties.
The Sly And The Family Stone leader has claimed in the lawsuit filed to the Los Angeles Superior Court that Jerry Goldstein diverted the money to himself over a 20-year period and borrowed money under the band’s name, reports BBC News.
Goldstein or his representatives have not commented on the lawsuit publicly.
Robert Allen, Stone‘s lawyer, said the lawsuit highlighted “a dark side of the music business where some of these artists are being robbed of their intellectual property and the fruits of their genius by unscrupulous people who prey on their trusting nature and lack of business and legal knowledge”.