The litigious world of Michael Jackson is making headlines again as the former King of Pop comes to a $48m settlement with New Jersey based financial consultants, Prescient Acquisition.
Prescient Acquisition accused Jackson of not paying up after the company helped raise the $573m in funds to buy out Sony's half of the Beatles catalogue.Jackson claims to have never heard of the plaintiff, Darien Dash.
In other news, Jackson is suing Don Stabler, a close associate of his brother Randy, claiming that Stabler attempted to get Jackson to sign a bad deal that would see him lose a significant amount of money.
He claims his current money troubles are the result of money-grabbing friends and family, rather than his own mismanagement of funds.
