Rihanna Sues Former Accountants

The pop star alleges ex money managers cost her millions and problems with the IRS.

Posted: 07/05/2012 06:18 PM EDT

Rihanna is learning firsthand the meaning of mo’ money, mo problems, but the pop siren is going hard after her former accountants for putting her in a financial quagmire.

With the IRS snooping around her finances, the New York Daily News reports that Rih Rih has filed a lawsuit against accounting firm Berdon LLP in Manhattan Federal Court accusing the company of breach of contract and negligence. According to the suit, the company failed to uncover millions in unpaid royalties and did not inform the unaware star as she continued to spend beyond her means. Filed under her real name, Robyn Fenty, the suit seeks unspecified damages for Berdon’s mismanagement of Rih’s earnings during her 2009 Last Girl on Earth Tour.

The Grammy Award-winning songstress, who has been with the firm since she began her music career in 2005, also blames them for fumbling her taxes. As a result the IRS is auditing the “Talk That Talk” singer for the tax years 2008 to 2010.

"Despite having earned millions of dollars in revenues during Berdon's tenure Fenty learned that her net income after payment of expenses and exorbitant commissions to defendant was a fraction of that amount," the suit read.

Rihanna fired Berdon last September when she became aware of the mishandling of her hard earned funds.



BET.com is your #1 source for Black celebrity news, photos, exclusive videos and all the latest in the world of hip hop and R&B music.

Click here to subscribe to our newsletter. 

(Photo: OLIVIA HARRIS/Landov)

Videos You May Like

Comments

African-Americans on Forbes Most Powerful Women List 2013

See where Michelle Obama, Oprah and others rank. 05/23/2013

The 411 on Seasonal Allergies

What you need to know about allergies. 05/22/2013

How You Can Help the Victims in Oklahoma

The Red Cross, Salvation Army and more ways to give. 05/21/2013

Out and About: Jaden Smith Goes to Dinner in London

Plus pics of Rita Ora, Janet Jackson, MJB and more. 05/24/2013

The Rundown: French Montana, Excuse My French

A track-by-track review of the Bronx rapper's debut LP. 05/20/2013

Bump Watch: Celebrity Pregnancy Denials

Bey, Brandy and other stars plagued by baby rumors. 05/21/2013