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Akon sued for $4 million by former business partner

January 20, 2022 News Akon’s former business partner is suing the singer for refusing to pay him $4 million. Music executive Devyne Stephens, who helped launch Akon’s career, claims he is still owed $750,000 and at least $3 million in royalties, according to an amended complaint filed in the 2021 Manhattan Supreme Court. As part…

Akon


Akon’s ex-business partner sued the singer for refusing him $4 million.

Music executive Devyne Stephens, who helped launch Akon’s career, claims he is still owed $750,000 and at least $3 million in royalties, according to an amended complaint filed in the 2021 Manhattan Supreme Court.

As part of the terms of their 2018 settlement agreement, Akon agreed to pay Stephens $3. 25 million over the course of four years but he still hasn’t paid the final installment of $750,000.

In documents, obtained by Page Six, he alleges that Akon sabotaged his relationship with Atlantic Records in order to get out of paying Stephens royalties for four future albums while signed to a “major” label.

Akon claims he shouldn’t be responsible for Stephens’ 20 percent of royalties since he is now under BMG Records. Stephens claims that Akon still has to pay royalties because he allegedly broke his contract with Atlantic.

“Akon spent more than a decade thwarting Stephens’ efforts to get large sums of money that Akon had unambiguously promised to Stephens in contracts to pay him,” court documents state.

This is the third time Stephens, former vice president of Akon’s Konvict Muzik, has taken Akon to Court. In 2017, Stephens sued the “Don’t Matter” singer for $150 million in unpaid fees

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