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INReview INReview > New & In The Spotlight > American Idol Season 7 > >> American Idol: Previous Seasons > American Idol: Season 2 > Ruben wins suit against ex-manager
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fuscia is Away
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Ruben wins suit against ex-manager post #1  quote:



BIRMINGHAM, Alabama (AP) -- "American Idol" winner Ruben Studdard has been awarded $2 million in his lawsuit against his ex-manager for misappropriating the singer's money and credit cards.

Studdard, 26, of Birmingham, won the television talent show in 2003 and filed suit last year against ex-manager Ronald W. Edwards and Edwards' promotions company, Sez Inc.

Jefferson County Circuit Judge Scott Vowell on Thursday awarded Studdard $500,000 for his actual losses and another $1.5 million in punitive damages, The Birmingham News reported Thursday on its Web site.

Vowell dismissed Edwards' promotions company from the suit because it was bankrupt and had no assets. Edwards filed a petition for Chapter 7 bankruptcy on June 17, 2005.

The suit claimed Edwards misused more than $246,000 of the singer's money.

According to the judge's ruling, Edwards took money from Studdard's checking and other bank accounts, improperly used his credit cards and even used Studdard's money to repay a $10,000 bank loan.

Studdard has sold more than 2.2 million records, but the damage to his credit because of the fraud made it hard to obtain financing to buy a home, Vowell's order said.


Old Post 06-16-2006 05:15 PM
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Re: Ruben wins suit against ex-manager post #2  quote:

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Sherryzod said this in post #1 :
According to the judge's ruling, Edwards took money from Studdard's checking and other bank accounts, improperly used his credit cards and even used Studdard's money to repay a $10,000 bank loan.




I would NEVER allow someone other than my partner to have access to my money, through bank account, or credit cards. That was Ruben's first mistake.



:::>^..^<::: ~*~The Journey is more important than the end or the start~*~ :::>^..^<:::
Old Post 06-16-2006 05:32 PM
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