Prince Sues Collection Agency
Published Oct 22, 2012Over the last few years, Prince has been involved in multiple court battles, involving everything from unpaid legal bills to plagiarism to a tribute album and cancelled concert. Now, the Purple One is involved in yet another financial squabble, as he's suing a debt collector over claims that the company illegally removed money from his bank account.
As TMZ reports, Capital Asset Protection allegedly removed two sums from Prince's bank account in June 2012, the first for $105,949.14 and the second for $10,278.94. That's $116,228.08 in total, and now Prince is aiming to get the entire sum back, plus interest.
Prince filed the lawsuit last Thursday (October 18) at Los Angeles County Superior Court. The ironic part? The reason Capital Asset Protection apparently removed the money in the first place was because Prince lost a lawsuit regarding a music production contract.
Meanwhile, the singer has played some high-profile shows in the past calendar year, but he seems to be sticking by his plan not to release any albums until internet piracy is effectively regulated.