'Love and Hip Hop' Star Ray J Settles Electric Scooter Lawsuit

Celebrity

Businessman Jean Paul sued the 'One Wish' star for $30 million earlier this year.

August 29, 2018

AceShowbiz - Singer and reality TV regular Ray J has settled a lawsuit he was facing over a business deal.

Businessman Jean Paul sued the "One Wish" star for $30 million (Â£23.3 million) earlier this year, claiming they discussed launching an electric scooter bike firm in 2015, with Ray J offering to become an investor and celebrity endorser.

Editors' Pick

In November 2017, the 36-year-old signed a $31 million (Â£24 million) wholesale deal for his electric transportation company, Raycon. Ray J's company, famous for the Scoot-E-Bike, was formed the same year Jean Paul claimed he talked to the singer about launching a brand together and he subsequently sued him.

According to The Blast, the parties have now reached an undisclosed settlement.

About This Article

AI-Assisted Content: This article was created with the assistance of artificial intelligence technology under human editorial oversight. Our editorial team reviews and verifies all AI-generated content for accuracy.

Sources: Information in this article may be aggregated from publicly available sources including press releases, news agencies, and entertainment industry sources. We provide attribution where applicable and strive to ensure factual accuracy.

Learn More: For details about our editorial standards and practices, visit our Editorial Standards page.

Contact: Questions or concerns? Email us at [email protected]

Follow AceShowbiz.com @ Google News