(AllHipHop News) Devyne Stephens is reportedly suing his former business partner Akon over unpaid fees.
The website reports:
Stephens is the music exec who famously helped launch Akon’s career, and his Konvict Music label — and in a new lawsuit he says he’s supposed to be getting 40% of everything Akon’s earned since 2006. He says their contract gives him a cut of record sales, touring rights, royalties and more.
Figures posted by TMZ suggest Akon has made close to $400 million over the last decade.
Stephens is the founder of Upfront Megatainment, and he once worked at LaFace Records.