Lil Durk Hit With $12 Million Lawsuit Over Alleged Song Rights Fraud
A lawsuit worth over $12 million has been filed against Lil Durk by music fintech company Exceed Talent Capital, alleging "manifest fraud" regarding a 2022 song-investment agreement.
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Photo Credit: YoIsThatJordan / CC by 4.0
Key Details of the Lawsuit:
- Defendants include Lil Durk, manager Andrew Bonsu, Only the Family group/label, and consulting firm TTPMG
- Dispute centers around rights to a recording called "Bedtime"
- Exceed paid $450,000 of an agreed $600,000 for perpetual rights to the song's royalties
- Alamo Records (Sony Music) later revealed Lil Durk was under exclusive contract, invalidating the deal
The Allegations:
- Exceed claims they were deceived by "material representations and warranties"
- Defendants allegedly lacked authority to transfer song rights
- Attempts to recover the $450,000 payment were met with "resounding silence"
- Contract breach penalty of $600,000 was specified in original agreement
Damages Sought:
- Over $12 million in total damages
- Includes reputational harm
- SEC registration process expenses
- Costs associated with refunding investor funds
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Case Number: 1:23-cv-10647
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