Megan Thee Stallion Accuses Label of Draining Her Funds, Requests 3rd Party to Oversee Finances

by Xara Aziz
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Megan Thee Stallion has found herself in a legal mêlée again – this time with her label, 1501 Certified Entertainment.

The Sweetest Pie star has asked a court to appoint a third party to oversee funds of her label after execs at the company have been allegedly siphoning money owed to her, according to court documents.

According to the legal docs obtained by TMZ on Thursday, the 28-year-old Texas native’s legal team has named former MLB player Carl Crawford as the lead defendant in the case. He has been accused of mismanaging funds and claims the label’s bank has less than $10,000 to its name although the star has raked in millions of copies in sales from her last five albums. Most notably, her 2020 Good News album peaked on several musical charts, including Billboard 200. Court filings are requesting a close eye remain on Crawford and his 1501 partners, including J. Prince and Gee Roberson, who have been accused of keeping the artist’s profits to themselves.

Billboard also reported Crawford to be “dissipat[ing] millions of dollars held in 1501’s primary bank account. Instead of following its financial manager’s advice and holding the contested funds in reserve, 1501 has chosen to enrich itself and its consultants, leaving less than ten thousand dollars in the account,” her attorneys said. “Based on 1501’s undercapitalization, it is highly probable that 1501 will be judgment-proof by the time [Megan] is able to obtain a final judgment on the merits of her claims.”

In March, Megan was granted a restraining order against 1501, preventing the label from holding on to the release of a single she intended to release at the time. The song has yet to drop.

The news comes just weeks after reports emerged suggesting Tory Lanez planned to bring Megan Thee Stallion back to court after he was convicted of shooting her in the foot in 2020.

In court filings obtained by Rolling Stone, Lanez lawyers Jose Baez and Matthew Barhoma argued that the verdict was a “miscarriage of justice” and accuses Judge David Herriford of making several errors during the closely monitored two-week trial in December.

The Conflicts of My Soul rapper’s legal team said that among other matters, the judge misled jurors with a key Instagram post, which relentlessly weakened the defendant’s central defense: that Megan Thee Stallion’s former friend and assistant Kelsey Harris may have been the one who shot the WAP star.

“The court erred on numerous questions of law in allowing the People to introduce this post, depriving the defendant of a fair trial,” Lanez’s lawyers wrote in the motion. “The only acceptable remedy for this miscarriage of justice is a new trial.”

This story is developing.

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