Court rejects Monster founder’s claim that Beats tricked him out of his share of Apple’s $3B

[HCK]

Court rejects Monster founder’s claim that Beats tricked him out of his share of Apple’s $3B

<div class="feat-image"></div>
<p><a href="http://hosted.ap.org/dynamic/stories/U/US_APPLE_BEATS_LAWSUIT?SITE=AP&amp;SECTION=HOME&amp;TEMPLATE=DEFAULT" target="_blank">AP[/url] reports that an LA judge has dismissed a claim by Monster founder and former Beats shareholder that the company tricked him out of his share of the company prior to its <a href="https://9to5mac.com/2014/05/28/apple-confirms-beats-purchase-for-3-billion/" target="_blank">acquisition by Apple[/url]. <span class="s1">Noel Lee had claimed that double-dealing and misrepresentation by Dr. Dre and Jimmy Iovine cost him a between $30M and $150M.</span></p>
<p>Lee <a href="https://9to5mac.com/2015/01/06/monster-sues-beats/" target="_blank">filed the lawsuit[/url] back in January of 2015, making two main claims against Beats. The first alleged that the company entered a ‘sham’ deal with a smartphone maker, selling 51% of the company to HTC before later buying it back. The sale triggered a clause in the contract that ended the partnership between Beats and Monster …</p>
<p> <a href="https://9to5mac.com/2016/08/31/beats-monster-lawsuit-dismissed/#more-443760" class="more-link">more…[/url]</p>
Filed under: <a href='https://9to5mac.com/category/apple/'>Apple[/url]  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/9to5mac.wordpress.com/443760/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/9to5mac.wordpress.com/443760/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/9to5mac.wordpress.com/443760/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/9to5mac.wordpress.com/443760/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/9to5mac.wordpress.com/443760/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/9to5mac.wordpress.com/443760/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/9to5mac.wordpress.com/443760/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/9to5mac.wordpress.com/443760/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/9to5mac.wordpress.com/443760/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/9to5mac.wordpress.com/443760/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/9to5mac.wordpress.com/443760/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/9to5mac.wordpress.com/443760/" />[/url] <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/9to5mac.wordpress.com/443760/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/9to5mac.wordpress.com/443760/" />[/url] <img alt="" border="0" src="https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=443760&subd=9to5mac&ref=&feed=1" width="1" height="1" /><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=443760&subd=9to5mac&ref=&feed=1" width="1" height="1" /><div class="feedflare">
<img src="[url]http://feeds.feedburner.com/~ff/9To5Mac-MacAllDay?i=v3a7oCXZlOo:q_noEARs3q8:D7DqB2pKExk" border="0"></img>[/url]
</div><img src="http://feeds.feedburner.com/~r/9To5Mac-MacAllDay/~4/v3a7oCXZlOo" height="1" width="1" alt=""/>

Source: Court rejects Monster founder’s claim that Beats tricked him out of his share of Apple’s $3B