Wednesday, April 18th, 2007 at 3:53 pm
Former Roc-A-Fella CEO Damon Dash (popularly known as the Running Man) has filed a $3.5 million lawsuit against his accountant Barry Klarberg, alleging that he bungled years’ worth of tax returns. Klarberg, who also counts singer Justin Timberlake’s money, reportedly failed to file Dash’s returns in 2000, 2001, and 2002.
Klarberg is also accused of miscalculating how much Dash owed in 2005 and not telling him how much he made from the sale of one of his companies (because, you know, Dash skipped math class in high school). In recent years, Dash has auctioned off his shares in Roc-A-Fella Records and Rocawear clothing line.
Klarberg, who wrote Winning Tax Strategies and Planning for Athletes and Entertainers, is a financial adviser to more than 600 jocks, actors and wealthy families, once said that he sees accounting as “much more of an art.”
Well, it looks like he’s left Dame with one ugly ass painting this time.