• In "I knew I shouldn't have signed that contract" news, multi-platinum recording artist Mario filed a lawsuit today (Feb. 16) against Troy Patterson and Third Street Music Group to void his contract with the production company, which he entered as a minor. Interesting, what's Mario's beef EbenGregory?

    Mario, 19, claims that he has only received roughly $50,000 from two albums that together have sold more than 3 million units worldwide, generating about $20 million in sales for J Records. 50K, that's it? 50K must go a long way cause you looked pretty well off to me in your videos. Meanwhile, apparently Patterson - or his company - has received "hundreds of thousands" of dollars through its recording agreement with J Records, which calls for seven albums, the suit says. J Records is not named in the suit.

    Sounds like somebody's gonna get a wet t-shirt, you know Mario's from Baltimore.

    Here's Mario's lawyer, high-powered Kenny Meiselas, a partner with Grubman, Indursky and Shire, on Mario getting his legal on: Mario values his relationship with Clive Davis and J Records. Mario's issues are solely with Troy Patterson and Patterson's production company, Third Street Music Group.

    According to the complaint filed in the U.S. District Court in New York, Patterson "insinuated" himself into Mario's life eight years ago, taking advantage of the absence of the artist's father and the drug addiction of his mother.

    Oh really, I didn't know that. Anything else EbenGregory?

    In 2000, Mario entered a recording and publishing agreement with Third Street, which then entered into a deal with J Records. After release of Mario's first album in July 2002, Patterson and Mario's aunt were appointed as the minor's guardian in connection with the agreement by a Baltimore court, the suit claims. Patterson - or his company - then acted as legal guardian, personal manager, business manager, record company and publisher for Mario. In late 2004, Mario parted ways with Patterson.

    Mario is asking the court to void his agreement with Third Street and to award damages for fraud, breach of fiduciary duties and other wrongful conduct. And did I mention Mario's looking to score his money back.

    Here's some jewelry being dropped by EbenGregory on Mario suing to void his contract with his production company: The trouble is, by the time you have money to burn, the fire has gone out. Ask Dru Hill, they're from Baltimore.

    Click here to Watch EbenGregory - Mario Sues To Void Contract With Production Company

  • Rate:

    Click to rate
Tagged with: