Latin Conference & Awards
Latin Trap's 'Big Big Future' Panel With Messiah, Bad Bunny, Farruko and More at Billboard Latin Music Conference
Watch the Latinx Activism Panel With Becky G, Jackie Cruz and More Live From 2017 Billboard Latin Music Conference
Servando Reveals the Secret to Writing for Enrique Iglesias at the 2017 Billboard Latin Music Conference
More Exclusive Coverage on The Billboard Latin Music Awards on Telemundo
Studdard Wins $2 Million In Suit
"American Idol" winner Ruben Studdard has been awarded $2 million in his lawsuit against his ex-manager for misappropriating the singer's money and credit cards."American Idol" winner Ruben Studdard has been awarded $2 million in his lawsuit against his ex-manager for misappropriating the singer's money and credit cards.
Studdard, 26, of Birmingham, Ala., won the television talent show in 2003 and filed suit last year against ex-manager Ronald W. Edwards and Edwards' promotions company, Sez Inc.
Jefferson County Circuit Judge Scott Vowell yesterday (June 15) awarded Studdard $500,000 for his actual losses and another $1.5 million in punitive damages, the Birmingham News reported.
Vowell dismissed Edwards' promotions company from the suit because it was bankrupt and had no assets. Edwards filed a petition for Chapter 7 bankruptcy on June 17, 2005.
The suit claimed Edwards misused more than $246,000 of the singer's money. According to the judge's ruling, Edwards took money from Studdard's checking and other bank accounts, improperly used his credit cards and even used Studdard's money to repay a $10,000 bank loan.
Studdard has sold more than 2.2 million records, but the damage to his credit because of the fraud made it hard to obtain financing to buy a home, Vowell's order said.
Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.