(AllHipHop News) Former Death Row Records artist RBX has weighed in on the affairs of his former record label, which has been in turmoil since being auctioned off in bankruptcy court in January of 2009.
Death Row was purchased by Canadian-based company Wide-Awake Entertainment, after former CEO Marion “Suge” Knight lost a $107 million dollar lawsuit regarding ownership of the company.
Shortly after the label’s purchase, more drama unfolded between the new owners, New Solutions Group and Death Row’s new CEO, Lara Lavi.
Lavi lost a court judgment and was removed from the company as acting CEO in November of 2009.
“I have been watching the three ring circus of these Canadians buying Death Row for the last year or so,” RBX said in a statement. “I just read a crazy article on line where the guy in charge now – some banker Robert Thompson-So and his sidekick John Payne announced to the world they are looking for someone to buy them out because they don’t to be in the Death Row records business any more.”
According to RBX, Lavi has found a new deal with some “heavy hitters on Wall Street.”
He also chastised the new owners for failing to capitalize on the label’s massive catalog, which includes tracks by top selling artists like Tupac Shakur, Dr. Dre, Snoop Dogg, Tha Dogg Pound, MC Hammer, RBX himself and others.
Since being purchased, the new Death Row has released several projects, including albums by Snoop Dogg and Tha Dogg Pound.
The label also reissued Dr. Dre’s album The Chronic as The Chronic Relit, although Dr. Dre filed a lawsuit against the label over the re-release of the album.
“I just have one thing I have to ask these guys. What tha f–k were you thinking …….seriously? We all had a little bit of hope when this game started but due to the shenanigans, optimism is dwindling. Word on the street in Southern Cal is that Lara Lavi, the woman these guys kicked out of the mix is seriously backed by new heavy hitters on Wall Street. I have received phone calls confirming Lavi has a new deal.”
Representatives for New Solution could not be reached for comment.