Page 44 - Poze magazine 58

Poze Magazine Volume #58

JAY-Z VS. CORAL

SPRINGS POLICE

OFFICER'S PENSION PLAN

Yes, Jay-Z has won a number of lawsuits in
recent years.In 2012, Jay-Z entered into a deal
with Parlux Fragrances to launch his own
fragrance line, "Jay-Z." The deal was
reportedly worth $100 million. However, Jay-Z
claimed that Parlux failed to meet its
financial obligations under the deal. In 2022,
Jay-Z sued Parlux for $4.5 million in unpaid
royalties.
In April 2022, a jury found in favor of Jay-Z
and awarded him $4.5 million in damages.
The jury also found that Parlux had breached
the contract and had acted in bad faith.
In 2015, Jay-Z sold his music streaming
In 2022, he won a $4.5 million lawsuit against service, Tidal, to a group of investors that
Parlux Fragrances, which he had sued for included Sprint. The sale was reportedly
unpaid royalties on his fragrance line, "Jay-Z." worth $300 million.
In 2023, he won a $300 million lawsuit However, a group of police officers from
against a group of police officers who were Coral Springs, Florida, sued Jay-Z, alleging
contesting the sale of his music streaming that the sale was a conflict of interest
service, Tidal because Sprint was a major sponsor of the
Miami Dolphins, a professional football team
that Jay-Z owns a minority stake in.
In 2015, Jay-Z sold his music streaming
service, Tidal, to a group of investors that
included Sprint. The sale was reportedly
worth $300 million. However, a group of
police officers from Coral Springs, Florida,
sued Jay-Z, alleging that the sale was a
conflict of interest because Sprint was a
major sponsor of the Miami Dolphins, a
professional football team that Jay-Z owns a
minority stake in.