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04 Feb

Sly Stone Sues Ex-Manager

Sly Stone is suing his ex-manager for $50 million for fraud and 20 years of stolen royalties.  The man in question is Jerry Goldstein and Sly is claiming that Goldstein pilfered funds for himself to live a lavish lifestyle.  On top of that, Goldstein registered the name ‘Sly and the Family Stone’ with US authorities as being owned by the Goldstein family then borrowed money against that name.

Damn I hate hearing stories of this.  I can’t imagine how much money ‘Dance to the Music’ and ‘Family Affair’ made over the years.

This entry was posted on Thursday, February 4th, 2010 at 11:28 am and is filed under Music News, with these Tags: Sly and the Family Stone, Sly Stone . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.