Legal

Rihanna sues former accountants

By | Published on Friday 6 July 2012

Rihanna

Rihanna has sued her former accountants, claiming mismanagement and exorbitant fees cost one of the singer’s companies millions.

The litigation is against New York-based Berdon LLP and two accountants in particular, Michael Mitnick and Peter Gounis, neither of whom are still with the company, according to Reuters. The lawsuit has been filed by Rihanna and her touring company, Tourihanna. According to reports, the lawsuit claims that “between 2005 and 2010, Tourihanna suffered significant losses due to defendants’ financial mismanagement and other acts and omissions”. Amongst the allegations are that the bean counters mishandled tax payments, failed to collect unpaid royalties, concealed key information from the singer, and charged “exorbitant” commissions.

A spokesman for Berdon LLP declined to comment.



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