Roc-A-Fella co-founder Dame Dash is speaking out after being ordered by a judge to sell his Roc-A-Fella shares to pay off his $823,000 debt owed to filmmaker Josh Webber and Muddy Waters Pictures.
“I just want to sell it and fund my other businesses with it,” Dame said in a recent interview.
He continued, “Jay pretended to be the CEO of Roc-A-Fella, hired his lawyers on Roc-A-Fella Inc.’s behalf. They illegally tried to change bylaws. Jay’s using my money to pay his lawyers to sue me about something I did not do. Finally, the judge was like, ‘Yo, he could sell his interest. Those bylaws that you put in 2021 are not applicable. You can’t tell that man he can’t sell his private property.’ So now I get to take it to auction like I originally wanted to,” Dame explained.
He added, “Now it’s like I got an order of protection against Jay and Biggs from trying to put a lawsuit on me.’ Jay and them can’t stop it. And that was the whole purpose of making sure that it could go to auction publicly.”
Jay-Z is reportedly trying to prevent Dame from selling his shares. Biggs and Jay reportedly introduced adid not include a sell-off clause during a 2021 board meeting. Dame was not present for the meeting.
He has been eager to sell off his shares for some time.
[social_warfare]