New York City, NY – The lawsuit against JAY-Z over Reasonable Doubt royalties has ficially been dismissed. According to court documents obtained by The Blast, both JAY-Z and Raynard “Ray Rae” Herbert agreed to close the case without the option to refile and will each cover their own court costs.
Last year, Herbert sued Hov claiming his royalty checks stopped arriving for the 1996 album that he allegedly helped master. Beginning in 1998, he was paid 1 percent album sales until the checks stopped coming in 2008. Herbert sued JAY-Z, Roc-A-Fella Records, Roc Nation, Damon “Dame” Dash and Kareem “Biggs” Burke for the outstanding fees, damages and interest.
JAY-Z recently filed his own lawsuit against Iconix Brand Group Inc. for allegedly lying about its earnings. The licensing company entered a brand partnership with Roc Nation in 2013.