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Wednesday 7 December 2011

Soulja Boy Sues His Ex-Manager Over Unfair Contracts Signed When He Was 16-Years Old



Soulja Boy has filed a lawsuit against his ex-manager claiming he was taken advantage of and duped into signing several bad contracts when he entered the business at 16-years old.

According to TMZ, Soulja filed papers in Georgia Supreme Court, claiming his ex-manager/lawyer Philip Ransom had him sign contracts that were "unconscionable, oppressive, and unjust." The documents allege Soulja signed a management agreement that gave Ransom 5% of his work related income for as long as Ransom managed him.

A separate contract Soulja signed allegedly gave Interscope Records 50% of all the rapper's copyrights. Soulja now claims that deal is "commercially unreasonable" and "contrary to music industry custom and practice."

Ransom denies the claims and has filed a countersuit against Soulja, alleging the Atlanta rapper still owes him money.

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