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Producer Jim Jonsin has filed a lawsuit for $500,000 against Lil Wayne and Young Money Entertainment in Manhattan Federal Court over royalties from the 2009 Grammy Award winning song “Lollipop.”
Jim Jonsin the producer for the track, says that Lil Wayne promised semi-annual accounting statements for the sales of the track in ringtones and singles. Statements that were promised were never received and no money was ever given either. There is a 22 page agreement for this compensation that was also submitted to the court.
“Lollipop” sold over 4 million downloads, about 4 million dollars in ringtones.
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