Tag Archives: Rachel Roy

Damon Dash Sues Ex-Wife Rachel Roy for Fraud

Source: Rachel Roy and Damon Dash Mercedes-Benz Fashion Week New York Spring 2008 – Rachel Roy Presentation at Damon Dash Enterprises Featuring: Rachel Roy and Damon Dash Where: New York City, United States When: 05 Sep 2007 Credit: Flashpoint / WENN

Damon Dash always seems to find himself amidst the struggle with lawyers. In this case, the Roc-a-fella Records founder is suing his ex-wife Rachel Roy for fraud.

According to Dash, Roy has been hiding cash that he feels he rightfully deserves, and he wants his coins. Thus. the lawsuit for fraud.

TMZ reports that Dash’s lawsuit states that Roy and her business partners “manipulated, diverted, misappropriated, transferred, concealed and embezzled funds.” Dash believes his stake in the company has been undervalued and that it has been making millions, so he wants his fair shake.

Dash was there and still married to Roy when her company was formed in 2008. However, he claims that starting in 2014, they started getting funny with his money. Dash claims a $175,000 payment was withheld that year and another $200,000 payment was held up in 2015. Dash also claims he had a verbal agreement with Roy that she would pay him $1M to buy back his interest in the company, but he claims she reneged on the deal.

All in all, Dash is suing Roy and her companies as well as a number of accountants and lawyers. Exactly how much he is seeking is to be determined because he wants to take a look at the finances to get a handle on exactly how much money he thinks he is due.

Roy and Dash were recently at odds over child support payments. In late 2019, Roy and Cindy Morales opted to sue Lee Daniels, who had promised to pay Dash a settlement, for the $950K and back child support he allegedly owed them.

Seems like the only people getting paid on time are the lawyers.

 

Source: HipHopWired.com

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Loose Lipped Dame Dash Claims Jay-Z Had A Crush On Aaliyah

R&B singer Aaliyah and hip-hop mogul Damon Dash are on hand

Source: New York Daily News Archive / Getty

Dame Dash is once again dredging up old tea about Jay-Z, but this time he shed light on how he narrowly edged out Hip-Hop’s king to date Aaliyah.

According to Dash during an interview with Page Six, everyone in the industry was trying to be “that somebody” to the late R&B princess, but it was Jay-Z who wooed her the most.

“He worked hard,” said Dash of Jay’s pursuit. “I didn’t want to fall in love with Aaliyah, she was so cool,” Dash said. “But you know, we were both going hard, everyone was trying to get to Aaliyah, it wasn’t just Jay.”

Dash also revealed what drew him to the “One in a Million” singer, stating that her captivating beauty had nothing to do with his attraction to her, but instead it was her amazing personality that won him over.

“She was just cool as hell. We would laugh. We never stopped hanging and that is what happened with her. There was never any obligation or any title … just liking being around somebody for who they are,” Dash shared. “I was not in love with Aaliyah through the television, I fell in love with her from hanging out and meeting her. She looked different than Aaliyah on the TV screen.”

Despite providing details, Dash says at the time he had no idea that his ex-business partner and friend was interested in dating his now ex-girlfriend before stating that his own relationship with Aaliyah “just happened.”

“I did not know Jay was trying to holler at her, but then it just happened like that. He was trying, I was trying. Everybody was trying — he was going hard.”

In other Dame Dash news, the former Roc-A-Fella head honcho was arrested for owing more than $400,000 in back child support to his ex-wife Rachel Roy and baby mother Cindy Morales.

As previously reported, the 49-year old was arrested on a 4-year old arrest warrant for unpaid child support and according to court documents claims he has no money to pay it, but on Wednesday Dash was singing another tune claiming that he plans to pay the debt in full.

Ain’t no money problems,” Dash said. “I went to turn myself in with money! I already paid it! And I still walked it with cuffs,” he railed, adding: “No more warrants. Everything is clear.”

Despite his “all clear” announcement,  documents filed in a Manhattan federal court last week tell another story. Dash said his personal income was “virtually nonexistent” and claimed his only revenue stream was payments from “Empire” creator Lee Daniels who owed him $2 million, notion that the payments being sent are being garnished for outstanding debts.

“It is very difficult to address the mounting bills until I receive some relief from the courts,” Dash wrote. But upon his release, Dash was again boasting that the issue was “part of the game.”

“I thought I looked cool as f*ck. I had handcuffs on for an hour. I came out a million dollars later and I was like, ‘What?’ And did a rock ‘n’ roll show later — that is gangsta,” he said.

Hours after his arrest, Dame hosted a bash at the Canary Club to introduce his new rock band before dubbing himself “Billy Pablo the Third.”

“I had fun,” he said. “Like sh*t, if I am going to jail and not get out then that’s a problem. It wasn’t for no sex offender, or no raping, or dumb s–t. It was a warrant — they wanted that picture, but I looked good.” Dash continued, “Who cares about being in handcuffs? It is a part of the game, but I walked right out. The sheriffs treated me well — complete respect … I was in a cell, but they treated me fine.”

Photo: Getty

Source: HipHopWired.com

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Rachel Roy Reportedly Accuses Dame Dash of Smoking Weed Around Children in Custody Battle

Dame Dash’s custody battle with his ex-wife Rachel Roy just keeps getting uglier.

In April, the mogul filed for more custodial time with his 11-year-old daughter with Roy, Tallulah. Dash explained that he has a lighter work schedule so he’s able to spend more time with his daughter, plus Roy’s drinking could put their child’s life at risk.

Per The Blast:

In his filing, Dash brings up an alleged incident that went down at a Christmas party both attended last year. He claims Roy became “very intoxicated to the point she could not drive herself or our daughter” home.

Dash says his current wife drove Roy and their kid home. He says he is concerned that if he had not been at the party, Roy would have driven away with Tallulah while intoxicated. He even attached text messages which appear to show Roy apologize for the night in question.

Roy responded to Dash with a series of allegations including smoking weed around the children.

The 45-year-old fashion designer says the custody deal should stay how it is as her ex-husband has demonstrated abusive and negligent behavior around their children.

Roy claims Dash’s history of domestic violence traumatized their children and dragged him for shaming Tallulah for not purchasing him a birthday gift. Roy wants Dash to attend mandatory anger management classes and therapy sessions.

Dame Dash has filed a responses saying he has done “everything in my power to rehabilitate from the past.”

 

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Damon Dash’s Exes Unite To Sue Lee Daniels For The Money They Say Dame Owes Them

Source: Rachel Roy and Damon Dash Mercedes-Benz Fashion Week New York Spring 2008 – Rachel Roy Presentation at Damon Dash Enterprises Featuring: Rachel Roy and Damon Dash Where: New York City, United States When: 05 Sep 2007 Credit: Flashpoint / WENN

Hell hath no fury like ex-wives and baby mamas scorned. A pair of Damon Dash’s exes have united to see Lee Daniels for the child support money they claim the Roc-a-fella Records founders owes them.

You probably recall Dame Dash pressing Daniels for money he was owed, with the Empire creator eventually paying a settlement the former was happy about.

However, Dame’s exes—Rachel Roy and Cindy Morales—want to see that money because they’re claiming the father of their kids owes them child support.

According to TMZ, Rachel Ray claims Dash owes her a healthy $826,166.88 for their two daughters, while Morales claims she is due $244,721.43.

In their lawsuit, the women claim Dash has only paid less than $5 in child support for all of 2019. They made sure to point out that Dash reached the settlement with Daniels in 2018.

For his part, Daniels sued Dame and his baby mothers earlier this year. It seems he was trying to figure out exactly who that money was supposed to be going to.

The struggle is real. And the lawyers are all getting paid.

Photo: WENN.com

Source: HipHopWired.com

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Dame Dash Reportedly Buys Majority Interest in Ex Wife’s Fashion Company

Last week Dame Dash took to Instagram to announce that he has taken steps to reacquire his ex-wife, Rachel Roy’s, fashion line.

The Roc-a-Fella records co-founder made the PSA in a lengthy post urging his followers to buy black. “I’m very proud to announce that like a real boss…I’ve bought back the majority Interest in @rachel_Roy from @topsondowns”.

View this post on Instagram

Im very proud to announce that like a real boss …I’ve bought back the majority Interest in @rachel_Roy from @topsondowns they didn’t want me announce yet because they wanted Rachel to sign something saying she wouldn’t sue them but that has nothing to do with me…so I’m celebrating cause why would Rachel not want me to buy back the company I invested 6 million of my own money into (like a real boss) only so @ava_dash and @tallulah_dash would have a company to run…so I bought it back and I’m gonna re launch luxury with @ava_dash and @tallulah_dash as the face…we are a real fashion family for years now and we are 100 percent Indy 100 million dollar a year company family owned by a black man… let’s see if the press talks about this @wwd @nytimes @tmz_tv @vibemagazine @theshaderoom @voguemagazine @pagesix @macys @daniel_dnieko told y’all I was gonna buy that back like a boss…I buy companies likes Artist drop albums #bigfacts #bosstalk nice doing biz with you joe and Danny…Rachel please don’t mess this deal up and if you do please publicly explain yourself…who ever doesn’t write about this is an obvious hater y’all said I was broke the last 10 years but when a black man really buys a company y’all don’t wanna say shit… doesn’t matter I’m gonna shit on all of y’all if you try to hate…this is what a real real boss looks like…while y’all talk shit I’m really out here buying companies and you dumasses keep trying to tell me how to act…and say I’m crazy …a boss does and says whatever the fuck he wants cause he could…I doubt y’all ever saw one before…if you don’t like it get the fuck of my page…for everyone else thank you for the support and please celebrate with me…but pay attention to everything especially the bubble gum shit…I been working on this deal for years @vanlathan and @cthagod I need y’all to tell everybody you know @funkflex @hot97 is hurt and won’t talk about that @angiemartinez if you don’t talk about it that’s hating #hustleforyourlastnamenotyourfirst

A post shared by Dame Dash (@duskopoppington) on

His reason for the purchase was so that his daughters, Ava and Tallulah, can run the business one day. Dash is confident in his recent acquisition but apparently nothing has been finalized and Rachel hasn’t commented. “Rachel please don’t mess this deal up and if you do please publicly explain yourself. This is what a real real boss looks like…while y’all talk sh*t I’m really out here buying companies and you duma**es keep trying to tell me how to act…and say I’m crazy …a boss does and says whatever the f**k he wants cause he could.”

At the end of the announcement, Dame Dash asked Hip Hop publications to share the good news, and if they don’t, they’re hating on his success.“I been working on this deal for years @vanlathan and @cthagod I need y’all to tell everybody you know @funkflex @hot97 is hurt and won’t talk about that @angiemartinez if you don’t talk about it that’s hating #hustleforyourlastnamenotyourfirst”.

A few days later, the mogul exposed the manufacturers of Rachel’s company of allegedly robbing her.

View this post on Instagram

@topsondowns tried to fuck my 100 million dollar company up these culture vultures looked Rachel out of her own ig and then tried to make my daughter pay for her own mothers clothes….notice on ig they don’t have pictures of my family…tried to make my luxury brand bridge….and take our identity @macys how could you work with people that abuse women and my culture @wwd I don’t get why y’all not covering this @nytimes @wsj if I’m lying I’m flying please ask joe Wirht for comment or Danny from @topsondowns or their crooked lawyer Robert handler…anyway lm relaunching luxury the way my company was originally launched…I paid 6 million of my own money and put Rachel’s name on it…but don’t get it twisted…this is my company…don’t forget it…I’m let y’all pump Willie for years…and look what y’all do… and that fake warrant won’t stand up I’m innocent… I want the world to see this

A post shared by Dame Dash (@duskopoppington) on

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Dame Dash Buys Controlling Interest in Rachel Roy’s Clothing Company

Entrepreneur Dame Dash has been making headlines in the news for a myriad of reasons lately. In an olive branch moment, Dash offered apologies to Jay-Z, Jim Jones, and surprisingly to Lyor Cohen who has accused to rupturing the Roc a Fella and being a “culture vulture.” Now, Dash is in the news for his skills as a businessman. It’s being reported that Dash has purchased back the majority interest in his ex-wife Rachel Roy’s clothing company. The Rachel Roy Collection has been under the umbrella of Topson Downs, its parent company.

Dash took to Twitter to announce his latest business venture. He noted, “I’m very proud to announce that like a real boss …I’ve bought back the majority Interest in @rachel_Roy from @topsondowns. They didn’t want me announce yet because they wanted Rachel to sign something saying she wouldn’t sue them but that has nothing to do with me…so I’m celebrating cause why would Rachel not want me to buy back the company I invested 6 million of my own money into (like a real boss) only so @ava_dash and @tallulah_dash would have a company to run…so I bought it back and I’m gonna re launch luxury with @ava_dash and @tallulah_dash as the face…we are a real fashion family for years now and we are 100 percent Indy 100 million dollar a year company family owned by a black man.”

 

View this post on Instagram

 

Im very proud to announce that like a real boss …I’ve bought back the majority Interest in @rachel_Roy from @topsondowns they didn’t want me announce yet because they wanted Rachel to sign something saying she wouldn’t sue them but that has nothing to do with me…so I’m celebrating cause why would Rachel not want me to buy back the company I invested 6 million of my own money into (like a real boss) only so @ava_dash and @tallulah_dash would have a company to run…so I bought it back and I’m gonna re launch luxury with @ava_dash and @tallulah_dash as the face…we are a real fashion family for years now and we are 100 percent Indy 100 million dollar a year company family owned by a black man… let’s see if the press talks about this @wwd @nytimes @tmz_tv @vibemagazine @theshaderoom @voguemagazine @pagesix @macys @daniel_dnieko told y’all I was gonna buy that back like a boss…I buy companies likes Artist drop albums #bigfacts #bosstalk nice doing biz with you joe and Danny…Rachel please don’t mess this deal up and if you do please publicly explain yourself…who ever doesn’t write about this is an obvious hater y’all said I was broke the last 10 years but when a black man really buys a company y’all don’t wanna say shit… doesn’t matter I’m gonna shit on all of y’all if you try to hate…this is what a real real boss looks like…while y’all talk shit I’m really out here buying companies and you dumasses keep trying to tell me how to act…and say I’m crazy …a boss does and says whatever the fuck he wants cause he could…I doubt y’all ever saw one before…if you don’t like it get the fuck of my page…for everyone else thank you for the support and please celebrate with me…but pay attention to everything especially the bubble gum shit…I been working on this deal for years @vanlathan and @cthagod I need y’all to tell everybody you know @funkflex @hot97 is hurt and won’t talk about that @angiemartinez if you don’t talk about it that’s hating #hustleforyourlastnamenotyourfirst

A post shared by Dame Dash (@duskopoppington) on

Dash then challenged the media to cover his business transaction claiming that he only gets coverage when he surrounded by negativity. Dash said, “Rachel please don’t mess this deal up and if you do please publicly explain yourself…” Dash added. “Whoever doesn’t write about this is an obvious hater y’all said I was broke the last 10 years but when a black man really buys a company y’all don’t wanna say shit…”

Whether you love him or hate him, Dame Dash always stands in his truth and promotes the power of entrepreneurship. With anticipation, we’ll wait and see what else Dash has up his sleeves.

 

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