The Roc-A-Fella chain is something every rapper who grew up idolizing Jay Z wishes they were around to receive. However, the man who created the logo for the coveted chain claims to not have received all that he is owed for the logo design. For that, Jay Z is being sued by the logo’s designer for seven million dollars.
Dwayne Walker initially filed the lawsuit in July of 2012, but we’re hearing about it now because Walker claims Jay and his legal team are stalling by complicating the legal proceedings. The lawsuit was filed because Dwayne Walker, a former business associate of the Roc Nation leader, says Jay owes him seven million dollars for creating the Roc-A-Fella logo in 1995.
Follow @JaySpeakEasy_ Follow @TheUrbanDaily
Why does Jay Z owe Dwayne Walker that much money for making a logo more than 19 years ago? Well, Walker’s attorney alleges that when Walker met with Jay Z, Dame Dash, and Kareem “Biggs” Burke all those years ago, they all agreed that Walker would be paid $3,500 for the design of the Roc-A-Fella logo. However, Dwayne Walker stipulated in the agreement that he be compensated with two percent of future royalties for ten years after the first year of use. Walker, who still owns the copyrights to the logo, received the $3,500, but the royalties have never come.
The illustrator says they have been in litigation for nearly two years because of Jay Z’s unprofessional conduct. He accuses the music mogul of attempting to “mislead, harass, and needlessly increase the cost of litigation.” Also, they claim Jay Z is “unwilling to cooperate in producing a joint report” and that the rapper “refuses to discuss the possibility of promptly setting or resolving the case.”
Jay Z’s leghal team responded to Dwayne Walker’s recent allegations saying that “they have considered Walker’s prior settlement offer” but feel “there is NOT a possibility for promptly settling or resolving the case.”
Jay Z spit a line on Kanye West’s song called “So Appalled” where he said, “I lost thirty mill so I spent another 30 cuz unlike Hammer 30 mill can’t hurt me.” If that’s the case, what’s seven million dollars, right?
Like TheUrbanDaily.com on Facebook to stay updated with the latest entertainment news and original interviews!
READ MORE HOT MUSIC NEWS COVERAGE ON THEURBANDAILY.COM:
Next Singer Responds To Wife’s Abuse Allegations With Explosive Accusations
Did L&HHA Star Nikko Really Make A New Song About Shower Rods? [AUDIO]
If The “DuckTales” Theme Song Was An R&B Slow Jam [VIDEO]
Jay Z Sued For Millions Over Roc-A-Fella Logo was originally published on theurbandaily.com
Rest In Power: Notable Black People Who Have Died In 2023
Shy Glizzy Arrested For Allegedly Pulling A Gun & Threatening His Girlfriend
Ya Think?: NAACP Issues Travel Advisory For Florida, “Hostile Toward African Americans”
Iconic Singer Tina Turner Dead at 83
Miki Howard Finally Speaks Out About Her Son's Claim That Michael Jackson is His Father
Eskenazi Health and WTLC are bringing awareness to Mental Health Month!
Five Things You Should Know About Mary Mary
Miki Howard Reveals Who SHE Believes is Her "Baby Daddy"--MJ? Joe Jackson? Or Neither?