Dame Dash Sues Ex-Wife Rachel Roy for Nonpayment of Shares in Fashion Brand

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RadioOnFire.com – According to TMZ, Dame Dash is suing his ex-wife, fashion designer Rachel Roy,  for fraud, claiming that he’s not being paid for his shares in her clothing brand. He’s also suing accountants, lawyers, and other people involved in Rachel’s business, who he says were conspiring against him.

Dame is alleging that Rachel’s company submitted fraudulent accounting, withheld payments, and undervalued his share of her company, which he was involved in when they were still married in 2008. Despite the company earning millions a year, Dame says he became suspicious when a royalty payment of $175,000 was withheld in 2014, and another $200,000 was withheld the following year. Dame is not sure how much he is owed by Rachel Roy Brands, and he wants them to open their accounting books to investigate. Dame also claims that Rachel backed out on a verbal agreement to buy back his shares in the company for $1 million without explanation. 

Source: TMZ 

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