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24
December 2006
Michael
Jackson Sues Former
Accountants
Michael
Jackson
is suing his former
accountants, claiming
they made unauthorised
business deals while
charging him millions of
dollars.
The
singer alleges
negligence and breach of
trust against the firm
in a suit filed in Los
Angeles.
He
is claiming unspecified
damages and an audit of
money paid to
Bernstein,
Fox, Whitman, Goldman
&
Sloan.
The
suit also said the firm
- which has not
commented on the claims
- did not keep him
informed about money
matters.
In
August, Michael Jackson
parted company with his
lawyers, who claimed
they they had not been
paid for representing
him in a case brought by
a finance
company.
However,
the singer claimed he
had fired New York-based
Wachtel &
Masyr.
Finance
company Prescient
Acquisition Group has
been suing the singer,
saying it is owed $48m
(£24.5m).
The
firm alleges it helped
Michael Jackson find
investors to help pay
off a $272.5m
(£139.1m) debt, and
arrange $537.5m
(£274.5m) in
financing to secure the
Beatles' back
catalogue.
Michael
Jackson is trying to
rebuild his music career
after being acquitted of
child abuse charges in
California in
2005.
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