Universal Music Group (UMG) have reportedly filed a motion to dismiss Limp Bizkit frontman Fred Durst’s $200million lawsuit against them for “fraudulent accounting practices”.In October, Durst filed a lawsuit against UMG for $200million on the count of fraud, alleging that the music label and publishing company had withheld the band’s royalties for years before they made an inquiry on it and only got paid “recently”.According to the Limp Bizkit vocalist, the group “never received any royalties from UMG”, until this August – despite having sold millions of albums and still earning “millions of streaming users per month on Spotify alone” for years.
The lawsuit also alleged that UMG had intended to “unfairly keep those profits for itself”.At the time, UMG responded by claiming that Limp Bizkit had been paid $43million in recoupable advances over the years.
The label explained that this is why the royalties had not begun entering the accounts until recently.According to Durst’s attorneys, UMG eventually released $1.03million to the band, and $2.3million to Durst’s label Flawless Records.
However, they claim that they are owed a much higher sum.Now, it has been revealed that UMG are reportedly seeking to get the lawsuit dismissed.
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