Monday, 17 February 2014

Rihanna Wins $10M in Settlement Against Former Accountant

Rihanna Wins $10M in Settlement Against Former Accountant
Rihanna has won a multi-million dollar settlement after she nearly went broke based on bad advice from her accountant, a source exclusively tells Page Six.
Rihanna, suing under her real name Robyn Fenty, sued claiming accountant Peter Gounis and the firm Berdon LLP gave her the green light to buy a $7 million Southern California house even though she was bleeding cash in 2009.

“The defendants advised Ms. Fenty by e-mail that purchasing a home in Los Angeles ‘would be a good investment’ despite knowing Ms. Fenty was experiencing financial difficulties,” wrote Rihanna’s lawyer Edward Estrada. It was claimed that she lost $9 million, leaving her with just $2 million at the end of 2009.
Rihanna’s lawyers claimed Gounis was aware the house she was buying was rotting from water and mold damage, forcing her to spend more than $1 million on improvements before selling it for nearly $2 million less than what she paid.
Rihanna fired the accountants and sued them for $35 million in 2012.
Now we are told the firm has offered the singer a settlement of more than $10 million, and papers are due to be signed this week.

Source

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