It looks like Hell Rell is really broke. A new lawsuit against Jim Jones and a number of record labels. The lawsuit, which was filed in New York County Court, claims that Jim Jones, Koch, Tycoon Entertainment, Babygrande Records and E1 cheated him out of royalties. Hell Rell signed with Koch/E1 in 2007 and released one album for the label, Hell Up in Harlem. That album was followed with 2008’s Black Mask, Black Gloves, which was released via Babygrande Records. Hell Rell recently expressed his grievances with his former group members, claiming that Jim Jones and Juelz Santana ruined The Diplomats. Santana has defended himself and Jones against any wrong doing, claiming Hell Rell needed a Diplomat reunion for financial reasons. This is just another way of him exposing that he is broke, because we all know he can’t generate income as a solo artist. Hell Rell recently inked a deal with Money Maker Entertainment/EMI to release his third official album, Live From Hell. Live From Hell is due in stores October 6. I guess EMI is looking for a lawsuit as well.