Cardi B has settled a two-year legal battle against her former manager Klenord Raphael, also known as Shaft, after he sued her for $10 million in 2018.
Court docs show that the lawsuit was dismissed with prejudice, meaning that neither party can sue each other over the dispute again, and they agreed to cover their own lawyer fees, according to AllHipHip.
“Feels good to be free,” the “WAP” rapper tweeted on Sunday along with an article about her victory.
As Page Six previously reported, Shaft claimed in the federal lawsuit that he discovered the 28-year-old hip hop star and was the reason for her success, only to be cut out from any money she earned.
Sources familiar with the situation told us that Cardi B sought out Shaft’s help and that he took care of her career, “as if she were his daughter.” They claim he orchestrated the production of her mega-hit “Bodak Yellow.”
And his rep said, “Since discovering Cardi B in 2015, Shaft has played an integral role in developing her music career and public image. While he is proud of their successful collaborations as she evolved from Instagram influencer to music megastar, Shaft is disappointed by her actions to freeze him out of her career.”
Cardi promptly countersued Shaft for $15 million, claiming that the ex-manager attempted to control her personal life and even who she dated romantically.
The suit, filed in New York’s Southern District by attorney Paul LiCalsi of Robins Kaplan, claims that Shaft used money that belonged to Cardi — whose real name is Belcalis Almanzar — for “personal travel, entertainment and expenses,” and that employees of Shaft’s company, KSR, “[helped] themselves to the ‘Bank of Almanzar,’ ” taking “loans” of up to $15,000 without Cardi’s knowledge.”
She also states that Shaft took a 20 percent fee as her manager — but then set up two companies, WorldStar and KSR, through which they claim he convinced Cardi to put more money in his pocket, with one of the deals taking 50 percent of the royalties from her work with Atlantic Records.
The suit calls the conduct of Shaft and his companies “an egregious and reprehensible breach of all trust and confidence placed in them” by Cardi.
Cardi’s rep did not immediately respond to our request for comment.
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