Celebs

Dame Dash Suing Ex-Wife Rachel Roy For Fraud Over Clothing Line

<p>&num;Roommates&comma; <a href&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;dame-dash-talks-about-aaliyahs-marriage-to-r-kelly-in-upcoming-lifetime-docuseries-surviving-r-kelly-the-reckoning&sol;">Dame Dash<&sol;a>’s legal issues continue to mount—and this time they involve his ex-wife&comma; Rachel Roy&period; As you know&comma; Rachel is a very successful fashion designer&comma; but Dame is now suing her for fraudulent practices because he claims he didn’t receive his share of the company’s profits&period;<&sol;p>&NewLine;<p>&commat;TMZ&lowbar;TV reports&comma; Dame Dash is hurling some serious allegations at his ex-wife&comma; Rachel Roy&comma; namely claiming that she has been hiding profits from her fashion line &lpar;which sells in Bloomingdales and other retailers&rpar;—and he says that the money belongs to him&period; As a result&comma; he is suing her for fraud because he believes Rachel bailed on the deal that was made to cut him in financially&period;<&sol;p>&NewLine;<p>Reportedly&comma; based on court documents&comma; Dame further alleges that Rachel conspired with several other companies involved in keeping Rachel Roy Brands afloat to hide the money that was owed to him&period; He also stated that Rachel and the other companies &OpenCurlyDoubleQuote;manipulated&comma; diverted&comma; misappropriated&comma; transferred&comma; concealed and embezzled funds&period;”<&sol;p>&NewLine;<p>There’s even more allegations coming from Dame&comma; as he also says that Rachel submitted fraudulent accounting&comma; withheld payments&comma; and undervalued his share of Rachel Roy Brands&period; Since Dame was an original member of Rachel’s company back in 2008 when they were still married&comma; he says that he is entitled to the brand’s royalties&period;<&sol;p>&NewLine;<p>Back in 2014 Dame claims he was promised a royalty payment of &dollar;175&comma;000 that he never received—he said the same thing happened the following year with a &dollar;200&comma;000 withheld payment&period; He says he and Rachel had a verbal agreement stating she would re-purchase his interest in Rachel Roy Brands for &dollar;1 million&comma; but it never happened&period;<&sol;p>&NewLine;<p>As of right now&comma; he doesn’t have a specific amount that he’s suing for because he says he needs to open his books and calculate everything&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Roommates&comma; what are your thoughts on this&quest;<&sol;p>&NewLine; <div class&equals;"wpra-reactions-wrap wpra-plugin-container" style&equals;"justify-content&colon; center&semi;&semi;"> <div class&equals;"wpra-reactions-container" data-ver&equals;"1&period;3&period;10" data-post&lowbar;id&equals;"57265" data-show&lowbar;count&equals;"true" data-enable&lowbar;share&equals;"onclick" data-behavior&equals;"regular" data-animation&equals;"true" data-share&lowbar;url&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;dame-dash-suing-ex-wife-rachel-roy-for-fraud-over-clothing-line&sol;" data-secure&equals;"460cd1126b"> <div class&equals;"wpra-call-to-action" style&equals;"color&colon; &num;000000&semi;font-size&colon; 25px&semi;font-weight&colon; 600&semi;">What Do You Think Roomies&quest;<&sol;div> <div class&equals;"wpra-reactions wpra-static-emojis size-medium" style&equals;"border-color&colon; &num;ffffff&semi;border-width&colon; 0px&semi;border-radius&colon; 50px&semi;border-style&colon; solid&semi;background&colon; &num;ffffff&semi;">&Tab;&Tab;&Tab;&Tab;&Tab;<div class&equals;"emoji-8 wpra-reaction wpra-pad-fix" data-count&equals;"" data-emoji&lowbar;id&equals;"8"> <div class&equals;"wpra-plus-one">&plus;1<&sol;div>&Tab; <div style&equals;"background-color&colon; &num;ff0015" class&equals;"wpra-arrow-badge arrow-bottom-left hide-count"> <span style&equals;"border-top-color&colon; &num;ff0015" class&equals;"tail"><&sol;span> <span style&equals;"color&colon; &num;ffffff" class&equals;"count-num">0<&sol;span> <&sol;div>&Tab;<&sol;div><div class&equals;"emoji-10 wpra-reaction wpra-pad-fix" data-count&equals;"" data-emoji&lowbar;id&equals;"10"> <div class&equals;"wpra-plus-one">&plus;1<&sol;div>&Tab; 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Danielle Jennings

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