RUSSELL SIMMON FILES FRAUD AND BREACH OF CONTRACT COMPLAINT AGAINST LI & FUNG, USA
Suit Seeks Court Ruling to Require Li & Fung USA to Pay Damages in Excess of $55 Million
Russell Simmons the God father of hip hop has filed a lawsuit against has done business with Asian companies and found that they are not representing his mass appeal in a way that they should.
New York, New York, September 9, 2010 - Russell Simmons today announced that his companies have filed a lawsuit in the Supreme Court of the State of New York against The Millwork Trading Co. LTD (Li & Fung, USA) for fraud and breach of contract in connection to the "American Classics By Russell Simmons" and "Russell Simmons Argyleculture" trademarks. The suit seeks compensatory and punitive damages in excess of $55 million.
In connection with the filing, Simmons released the following statement:
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