According to court documents obtained by AllHipHop.com, G Herbo is suing his former manager Joseph "JB" Bowden and Machine Entertainment for financial manipulation. The Chicago rapper, whose real name is Herbert Wright, is asking for $40 million in compensation.
In the documents, G Herbo claims that he was manipulated into signing "unfair and one-sided deals" when he was a minor, which he says has left him in debt. G Herbo reportedly owes Machine Entertainment $8.4 million as a result of the aforementioned deals.
G Herbo's attorney further elaborated, stating, "Because [Wright’s] money was controlled by [Bowden and Machine], [Wright] was forced to ask Bowden to make purchases on his behalf, including for vehicles, [Wright’s] rent, and his mother’s rent. Bowden’s conduct, in depriving [Wright] of his own funds, was designed to prevent [Wright] from leaving Machine or from being able to successfully work with another business manager who would actually look out for [Wright’s] best interests."
Earlier this year, G Herbo spoke about the situation on Live, stating, "Over the years, when we started generating money, probably this was on the Sony system, [Bowden] pulled me to the side like, ‘Bro, let me run your business for you.’ I wasn’t really business savvy. This was somebody I trust with my life, like my brother, like a father figure. ‘I’m your business for you, bro.’ Alright, so from then on, he’s running my business."
Source: AllHipHop.com
