Archive for former accountants

Rihanna Sues Former Accountants

Posted in Celebrity, Music with tags , , on July 13, 2012 by thebestmusicnow

Superstar Rihanna has sued her former accountants for mismanaging the singer’s finances, including claiming they earned huge commissions from concert tours that resulted in her losing millions of dollars.

In a lawsuit filed in Manhattan federal court that surfaced on Thursday, the 24-year-old singer and her tour company, Tourihanna, is seeking an unspecified amount of compensatory damages and loss of earnings from accountancy firm Berdon LLP and former employees Michael Mitnick and Peter Gounis.

The suit, first filed late in Tuesday ahead of the July 4 U.S. holiday, claims the accounting firm caused “significant financial losses” between 2005 and 2010 by charging “exorbitant” commissions from Rihanna’s 2010 “Last Girl on Earth Tour.” It also accuses Berdon of mishandling Rihanna’s foreign and domestic taxes and failing to monitor unpaid song royalties.

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