Bad news for Beyonce Knowles and her mother, Tina Knowles in the form of a lawsuit. According to Hong Kong based Vier International, Beyonce’s clothing line, House of Dereon, breached its contract and must pay up. Vier, a manufacturer, claims to have lost at least $500,000 due to clothing company Donna Loren LLC and shippers HJM International, who they say “induced the shipment of goods to the United States with the intent to convert them or pay less than agreed upon contract price.” Furthermore, Vier says Beyonce’s House of Dereon and Beyond Productions LLC took part in the scheme via purchase orders. While the lawsuit is bad news for Beyonce and family, it gets worse. Vier International has not only filed suit, the manufacturer has filed a report under the Racketeer Influenced and Corrupt Organizations Act (RICO). On the bright side, Beyonce will soon jet off to Brazil to perform songs from her Grammy winning album, while taking time out to shoot a music video with Alicia Keys (more on that story here…)
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