NASHVILLE, TN (CelebrityAccess MediaWire) — Country performer Clint Black has filed suit against his Nashville-based manager Charles Sussman, in a grievance over royalties.
According to the court filing, Black says that Sussman and his firm, Gudvi, Sussman & Oppenheim, "repeatedly engaged in self-dealing, negligence, and/or gross negligence" in advising Black about his finances. The suit alleges that Sussman convinced Black to invest $500,000 in royalties in Equity Records, an indie label which both Sussman and Black are minority-owners. Black further asserts that he got nothing in exchange for his investment, while Sussman was allegedly taking monthly payments from Equity, unbeknownst to Black.
The matter was complicated by the fact that Equity had signed up-and-comers, Little Big Town, but Black claims he was left in the dark when Little Big Town left Equity for Capitol shortly after the release of "A Place to Land," the band's followup to their platinum-certified 2005 album "The Road To Here." the Nashville Post reported.
Black is seeking unspecified compensation and punitive damages. – CelebrityAccess Staff Writers