Burn Notice. Wiz Khalifa will be taking his former manager Benjy Grinberg and label Rostrum Records to court for a hefty lawsuit. Documents filed in Los Angeles Superior Court on Tuesday claim that Grinberg, his manager up until 2014, and Rostrum were “faithless fiduciaries in direct contravention of their obligations to him.”
Alex Weingarten, Khalifa’s attorney at Venable LLP stated “An artist’s most trusted advisor is his or her personal manager. Generally, nothing good comes out when the manager decides to go into business against his artist. Unfortunately, that is the case here,” he added.
Khalifa alleges that Grunberg and Rostrum Records induced him to enter into a slew of transactions that amounted to self dealing.
The lawsuit also indicates that Grinberg began managing Khalifa in 2004, when he was only 16 years-old. Additionally, Wiz suggests that the estranged manager “induced” him to sign a “360 deal” which would make the entitled to income from streams as a songwriter and touring a merchandising. The lawsuit further goes on to say that a contract and a series of amendments, Grinberg failed to disclose alternative arrangements that could be more beneficial to him, and instead tied him to an agreement that “reached for more than a decade into virtually every aspect” of his professional life.
In a statement, Grinberg said he was “very disappointed and surprised by today’s news. To witness an artist turn on you after supporting them for a number of years is very disheartening. This is an egregious lawsuit filled with inaccuracies, yet unfortunately people sometimes resort to these practices as a way of conducting business.”
Khalifa is seeking compensatory damages in excess of $1 million dollars, as well as punitive damages and attorney’s fees.