Snoop Dogg pulling the trigger on a major lawsuit against alcohol? Looks to be that way, folks.
Read more after the jump!
The famed California rapper is looking to sue American brewer Pabst Brewing Company, owner of the Colt 45 malt liquor brand, for ten percent of the brand’s value.
The lawsuit claims Snoop Dogg was originally hired by the company to promote “Blast by Colt 45,” a juice flavored malt beverage, and was to be paid an up-front fee of $250,000 and quarterly royalty payments over his three-year contract. The Colt 45 stake Snoop is seeking, however, likely exceeds what he was originally paid.
“Pabst Brewing Company has been under new ownership and new management since November 2014. We have not been contacted by Snoop Dogg or his representatives about this issue. We are investigating the matter and would be happy to talk to Snoop or his representatives to try to get to the bottom of this,” the company told CNBC.