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Dr. Dre Settles With Accounting Firm
Contributed by: Tamara Harris
Source: Manhunt
Posted on: April 26, 2001 10:20 PDT
Filed under: Rap

dr dre

Dr. Dre settled his suit against PricewaterhouseCoopers accounting firm. He claims that the firm cost him tens of millions during his time at Death Row Records. Dre's representatives claim that his accountants allowed others to steal money from his accounts and then put the money into the accounts of other PWC clients. The firm is accused of fraud and breach of contract of fiduciary duty. A confidentiality agreement forbids either side from revealing details of the settlement, but a source said the firm paid Dre close to $15 million to settle the case that was scheduled to go to trial April 30. Steve Silber, a spokesperson for PricewaterhouseCoopers, said the suit was settled "in a manner that was satisfactory to both sides." The suit was filed in 1997, but proceedings were slowed because the partner in charge of Dre's account, Steve Cantrock, refused to testify in the case, according to Dre's lawyer, Howard King. Marion "Suge" Knight, who co-founded Death Row Records ! with Dre and still runs it, and Death Row's lawyer, David Kenner, are silent about the matter. A companion case was brought against the firm by Snoop Dogg and settled last year. Dre has other legal battles with a lawsuit against Napster and a $25 million dollar suit against the city of Detroit. He alleges that the city violated his First Amendment rights on the Up in Smoke tour last summer. Dre claims police blocked him from showing videos at a July 6 stop at the Joe Louis Arena because the clips featured nudity and violence. A spokesperson for the mayor's office claims that Dre voluntarily pulled the videos after police told tour staff that they would be ticketed if the clips were shown. King is confident that they will be able to settle the case because both sides have had discussions about the city apologizing for the incident as well as making a charitable donation or requiring sensitivity training for police officers. Dr. Dre is not looking for financial gain but feels that an apology is not enough in itself.
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