Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Investor Says Partners Cheated Him|In Deal For Death Row Records

LOS ANGELES (CN) - Embattled hip-hop label Death Row Records is again at the center of legal action, after venture capitalist Ron Goldberg claimed that his partners cut him out of a deal he orchestrated to buy the bankrupt label.

In his claim in Superior Court, Goldberg says he recruited investors for the label, who then teamed up with Anthony Marotta, then-president of Goldberg's Global Music Group, to buy Death Row behind his back. Marotta and the investors Goldberg recruited, Susan Berg and Reggie Bush at RSB Investment Strategies, paid $24 million for the label, Goldberg says. He claims they used the "confidential know-how, data, techniques, and contacts" Goldberg had cultivated for the deal.

Marion "Suge" Knight founded Death Row in 1991. Death Row's roster soon read like a hip hop boast, including Tupac Shakur, Snoop Dog and Dr. Dre.

Knight filed for bankruptcy after years of allegedly faulty accounting, and unpaid royalties. A judge's order to pay cofounder Lydia Harris $107 million put Death Row in the grave.

Goldberg demands $25 million. He is represented by Farhad Novian and Josh Mendelson with Novian and Novian.

Follow @@karinapdx
Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...