Sly Stone is suing his former manager Jerry Goldstein for $50m (£30.9m).
The singer claims he is owed money because of fraud and stolen royalties.
In a lawsuit filed to the Los Angeles Superior Court, Stone said that Goldstein kept the money himself over a 20-year period, as well as borrowing money in the band’s name, reports BBC News.
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Stone‘s lawyer Robert Allen said the lawsuit highlighted the “dark side” of the music business.
No public statement on the lawsuit has been made by either Goldstein or his representatives.
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