Jay Z Didn't Show Up to Federal Court
Although Jay Z was rumored to show up in court this week, he didn't, disappointing many, including the SEC. He filed an affidavit with the federal district court explaining that he was too busy preparing for an upcoming tour to appear. However, after being ordered by the court to appear at an SEC interview, his attorney stated that Jay Z would appear on May 15.
The SEC has been wanting to speak with Jay Z for several months now related to some dealings with brand Iconix. After several attempts and two subpoenas though, they still have not been successful. Unfortunately for the busy rapper and business mogul, his attorney's attempts to limit the amount of time for questioning were unsuccessful.
Jay Z's Many Problems
The SEC's investigation isn't the rap star's only legal problem right now. He's facing a lawsuit over an unpaid debt to a Scandinavian law firm related to the purchase of Tidal.
Regardless of the high profile debt collection case that was recently filed and having to prepare for big tour, not making the time when subpoenaed by the SEC, and ordered to appear in court, just seems to be asking for more problems. The subpoenas were served in November and February, and now, in May, he will finally appear. Curiously though, the location of the SEC will conduct their interview has remained private.
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