For the past two years Kimora Lee Simmons and her two ex husbands, Tim Liessner and Russell Simmons have been fighting over their ownership in the Celsius energy drink company after Russ accused Kimora and Tim of stealing his shares to bail Tim out of jail while he was under indictment for fraud [click here if you missed that].
In totally unrelated news, rapper Flo-Rida was just awarded $82.6 million after suing Celsius for fraud...
From AP News
Hip hop artist Flo Rida was awarded $82.6 million on Wednesday after a South Florida jury found that the makers of Celsius energy drinks breached a contract with the rapper and singer, and tried to hide money from him.
Flo Rida, whose real name is Tramar Dillard, and his production company, Strong Arm Productions, had sued Boca Raton-based Celsius Holdings Inc. in Broward County court in May 2021, claiming that the company had violated the conditions of an endorsement deal.
“Basically, I helped birth this company, and all we was looking for was some trustworthy people who acted as if they were family,” Dillard told The Associated Press. “And then when it comes down to the success of today, they just forgot about me.”
Lawyers for Celsius argued in court and in previous filings that the company reached its greatest success after the Flo Rida endorsement deal ended — and that other business decisions led to increased sales and stock value. Celsius could still appeal the verdict, but it wasn’t immediately clear if they would.
Rapper Flo Rida sips from a Celsius energy drink moments after winning a lawsuit against them and awarded millions. @nbc6 @official_flo pic.twitter.com/V89VVkcAWz
— Sheli Muñiz (@SheliNBC6) January 18, 2023
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