2003 American Idol winner Ruben Studdard has been awarded US$2 million in his lawsuit against his ex-manager for misappropriating the singer’s money and credit cards.
Studdard, 26, of Birmingham, Alabama, filed suit last year against ex-manager Ronald W. Edwards and Edwards’ promotions company, Sez Inc.
On Thursday Studdard was awarded US$500,000 for his actual losses and another US$1.5 million in punitive damages, the Birmingham News reported.
The suit claimed Edwards misused more than $246,000 of the singer’s money.
According to the judge’s ruling, Edwards took money from Studdard’s checking and other bank accounts; improperly used his credit cards; and even used Studdard’s money to repay a US$10,000 bank loan.
Studdard has sold more than 2.2 million records, but the damage to his credit because of the fraud made it hard to obtain financing to buy a home.
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