In her latest attack on her record label 1501 Certified, Megan Thee Stallion claims leadership has “siphoned” out millions to make the company “judgment-proof.”
Megan Thee Stallion arrives at the 2023 Vanity Fair Oscar Party held at the Wallis Annenberg Center for the Performing Arts on March 12, 2023 in Beverly Hills, Calif.is hurling new accusations at her record label 1501 Certified Entertainment, including that the company is trying to make itself “judgment-proof” by draining its bank accounts.
In an updated version of her long-running lawsuit, the “Savage” rapper’s lawyers claimed Wednesday that they had unearthed evidence that 1501 founderhad “dissipated millions of dollars held in 1501’s primary bank account,” including funds that will potentially be owed to Stallion.
As a result of this “fraudulent transfer of assets,” Megan Thee Stallion’s lawyers demanded that the judge overseeing the case impose extraordinary restrictions while the case continues to play out. “Pete seeks the appointment of a receiver to take possession of 1501 until this dispute is resolved, or in the alternative, the appointment of a receiver to take possession of all of 1501’s bank accounts and any other bank accounts controlled or owned by Carl Crawford, including the bank accounts to which the money siphoned out of the bank account was transferred into.”, 1501’s attorneys sharply disputed the new claims from Megan Thee Stallion .Kenneth D.
of Freundlich Law and LeElle B. Slifer of Winston & Strawn LLP. “The allegations are without merit and we are confident that 1501 will prevail on these motions and ultimately recover the substantial money that Ms. Pete owes 1501.”The star rapper has been
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