Roc-A-Fella Data is in search of a ruling that states the label solely owns all rights to Affordable Doubt. The label can also be asking that Sprint switch possession of “any NFT or other asset in his possession, custody, or control reflecting rights to Reasonable Doubt” to Roc-A-Fella Data Inc.
Sprint co-founded Roc-A-Fella Data alongside Jay-Z and Kareem Burke in 1995. It was formally included in New York on Jan. 8, 1996, and have become a division of Def Jam in 1997. The label turned defunct in 2013.
Sprint disputed the claims to Rolling Stone on Monday (June 21), claiming the lawsuit is inaccurate. He says he was not trying to promote an NFT of the album, however that he was attempting to public sale his stake in Roc-A-Fella Data after he claims the label tried to buy it from him for a low value.
“When another Black man calls another Black man a thief, just to make him look bad and so that they can devalue an asset that that other man owns, just because he won’t sell it to him at a low price, I don’t think the culture needs that,” Sprint advised Rolling Stone.
“I just think it’s disappointing to also have a white lawyer calling me a thief on Juneteenth,” he continued. “It’s very representative of what they do to someone when they try to make a good guy look like a bad guy, just because he’s doing good business.”
Whereas Sprint is refuting the allegations made towards him, the lawsuit filed by Roc-A-Fella quotes SuperFarm’s announcement of the preliminary sale, which learn, “SuperFarm is proud to announce, in collaboration with Damon Dash, the auction of Damon‘s ownership of the copyright to Jay-Z’s first album Reasonable Doubt. This marks a new milestone in the history of NFT’s, entitling the new owner to future revenue generated by the unique asset.”
Roc-A-Fella Data is in search of a trial by jury. The label can also be asking that Sprint grow to be prohibited from promoting “any interest in Reasonable Doubt.” Roc-A-Fella Data is in search of compensatory, nominal and punitive damages, to be decided upon trial, and the cost of authorized charges.
Reps for each Roc-A-Fella Data and Damon Sprint didn’t instantly reply to Billboard‘s request for remark.