Dr. Dre and Jimmy Iovine have lost a $25.2 million lawsuit over Beats, The New York Times reports.
Former partner Steven Lamar claimed that he went to Dre with the idea for the headphones in 2006, and seeked $130 million in royalties for a dozen models. Dre and Iovine argued that Lamar was only entitled to royalties from the first model, but the jury ruled that Lamar was owed royalties for the Studio 2 Remastered, Studio 2 Wireless and Studio 3.
“The jury really validated our theory of the case, that Mr. Lamar was involved in the founding of Beats,” Lamar’s attorney Stephen E. Morrissey said. “It’s not everything we were asking for, but we’re happy.”
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