Sly Stone sues ex-manager, claiming millions kept

[Kadie]

Sly Stone sues ex-manager, claiming millions kept
Thursday, January 28, 2010

(01-28) 15:40 PST LOS ANGELES, (AP) --

Sly Stone sued a former business manager and others on Thursday, claiming tens of millions of dollars in royalties were kept from the singer who now depends on Social Security to survive.

Stone, whose real name is Sylvester Stewart, was the frontman of the 1970s funk group Sly and The Family Stone.

He sued former manager Gerald Goldstein and several companies in Los Angeles, alleging they kept 20 years of royalty payments and leveraged Stone's work and rights to accumulate as much as $80 million in assets.

The complaint said Stone has been homeless at times and is dependent on Social Security. Goldstein paid Stone some money until 2007, when the payments stopped, the lawsuit states.

Stone depended on Goldstein to handle his financial affairs, the suit states.


Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/01/28/entertainment/e145237S38.DTL&tsp=1#ixzz0dxROuYoO

[virgogal]

1. God,talk about a blast from the past.

[blondeatlast]

2. That is so sad. Sly and the Family Stone were awesome.

The women held their own in that band, too.

Here's to Sly--courage!

[Hotler]

3. 1969-70, Sly & the Family at the Denver Coliseum

one of my first concerts as a kid. 15yr. old white kid discovering funk. I bet I have pictures somewhere still.

[frazzled]

4. 1969 Newport Jazz Festival

Sly and the Family Stone kicked the jams out. People outside were dancing on cars and dented all the hoods.

But here's a softer Sly I always loved:

http://www.youtube.com/watch?v=AQZNkzP4kYw


I always loved them, and I hope he gets his due. That's just sad. Can't someone do a benefit to help him?

[blondeatlast]

5. That is AWESOME. Really--a benefit is a great idea.

Thanks for that link--sweet.