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Lifestyle
 

Rihanna settles multimillion-dollar lawsuit with ex-accountants

Published on Apr 18, 2014 11:03 AM
 
Singer Rihanna arrives at the 2014 MTV Movie Awards in Los Angeles, California on April 13, 2014. Pop star Rihanna has agreed to settle a lawsuit with her former accountants accusing them of mismanaging her finances and costing her millions of dollars, lawyers for the parties told a federal judge on Thursday. -- FILE PHOTO: REUTERS

NEW YORK (Reuters) - Pop star Rihanna has agreed to settle a lawsuit with her former accountants accusing them of mismanaging her finances and costing her millions of dollars, lawyers for the parties told a federal judge on Thursday.

The terms of the deal were not disclosed during a brief hearing before United States District Judge Kevin Castel in New York. Lawyers for Rihanna and for the defendants, accounting firm Berdon and former employees Michael Mitnick and Peter Gounis, declined to comment.

The lawsuit, filed by Rihanna in 2012, said Berdon charged "exorbitant" commissions from her concert tours, causing significant financial losses. It also accused Berdon of mishandling Rihanna's foreign and domestic taxes and failing to monitor unpaid song royalties.

The Barbados-born Rihanna, 26, whose real name is Robyn Fenty, is one of the world's most successful recording artists, with a string of worldwide hits including the singles Umbrella and Diamonds. She has won seven Grammy Awards.

 
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