In June, Dame Dash confronted Lee Daniels at Diana Ross’ Hollywood Bowl show in Los Angeles about the $2 million he loaned him to fund his 2005 film, Shadowboxer. After the video of the altercation circulated the Internet, Daniels swore to right his wrongs.
After the altercation, Dash filed a $5 million lawsuit for interest and lost profits. TMZ reports that they have come to an agreement.
The amount Daniels paid is unknown.
– Excerpt from an article written for The Source. Find the full article here.
Disclaimer: Please note that the information contained within this news post and site is offered simply as a consideration to visitors who are in the entertainment industry and are seeking to learn more about various areas of entertainment, be it in film, movies, television, music, digital, new media, film financing, merchandising and/or branding. As such, the information so provided should never be construed as legal advice. If you need further assistance or legal advice for your specific matter, please do not hesitate in contacting an entertainment attorney (film, music, digital, licensing, financing) here in Los Angeles, California at The Hollywood Lawyer by(1) emailing us at firstname.lastname@example.org; (2) calling us at (323) 300-4184; or (3) filling out our online form.