Thursday, April 25, 2024

Cardi B Claps Back At Former Manager (Shaft) Suing Her for $10M

Cardi B showing off her Fashion Nova top (Instagram)
Cardi B showing off her Fashion Nova top (Instagram)

*As we reported earlier, Klenord Raphael, aka Shaft, filed a lawsuit claiming that he is the one who discovered rap sensation Cardi B, only to be “frozen out” of her career just as it was going through the roof.

In response, an attorney representing the Cardi B responded on Friday, via a statement saying that “Shaft’s claim raises a huge question,” according to Page Six.

“After a full investigation of the facts, we will be responding to these allegations in detail in court. But even on its face, Shaft’s claim raises a huge question,” Paul LiCalsi, a partner at Robins Kaplan LLP wrote. “For a hefty commission, a manager promises to carefully counsel and guide an artist in her or his career. In exchange, the law imposes a high fiduciary duty on the manager to always act in the artist’s best interest, not engage in conflicts of interest, not overreach, and not self-deal.”

The report says LiCalsi suggests that Shaft signed on as Cardi B’s manager for a 20 percent commission, then signed her up through a different company in a “deal that takes 50 percent of her music royalties from Atlantic Records, 50 percent of her music copyrights, and 25 percent of her other earnings.”

He asked, “How does that comport with his fiduciary duty as her manager?”

In essence, Shaft is suing Cardi B for breach of contract for ditching him and signing with a different manager, as well as defamation for claiming that he “robbed her.”

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