Cardi B Reportedly Settles $30M Lawsuit With Former Manager
Cardi B earned herself a legal win just before Christmas. According to court documents obtained by AllHipHop, the Grammy Award-winner settled a two-year, $30 million lawsuit with her former manager Klenord “Shaft” Raphael on Thursday (December 24).
Raphael claimed he discovered Cardi in 2015, setting off her path from Instagram personality to Love & Hip Hop cast member to global superstar.
In 2018, Raphael filed a $10 million breach of contract lawsuit against Cardi, claiming the Invasion Of Privacy rapper broke the deal she had with him and opted to sign with Quality Control. Cardi then filed a $15 million countersuit, prompting the settlement.
“This action, including all claims and counterclaims, is hereby dismissed in its entirety with prejudice against all parties,” court docs state. “The parties have further agreed that all parties to this action shall bear their own costs and attorney’s fees.”
On July 17, Cardi took to Twitter after a fan discussed how she never got payment despite all of her success.
“According to my lawyers alittle but more then that but it can’t be touch till my litigation is over,” she wrote. “Its just can’t be touch till we solve the despute.But when that fat ass check hit my account all at once it’s gonna be lit .Thats why I never trip cause it’s there.”
According to my lawyers alittle but more then that but it can’t be touch till my litigation is over.Its just can’t be touch till we solve the despute.But when that fat ass check hit my account all at once it’s gonna be lit .Thats why I never trip cause it’s there. https://t.co/aHibuWDOT8
— iamcardib (@iamcardib) July 17, 2020
The lawsuit held up Cardi’s recording career following the release of Invasion Of Privacy in 2018. Since the release of her double-platinum album, the Bronx-bred rapper has released singles in the form of “Money,” “Press,” “Please Me” and “WAP” with Megan Thee Stallion.
Cardi’s moves outside of music have grown larger since the release of her debut. She was recently announced as the star of a Facebook Watch series titled Cardi B Tries and the series is set to debut in 2021.