Wed Jun 1, 8:21 AM ET
NEW YORK - A jury awarded Nine Inch Nails alternative rocker Trent Reznor $2.95 million after finding his former manager breached his contract and
acted fraudulently, a lawyer said Tuesday.
The jury in Manhattan federal court delivered the verdict Friday against John Malm, Reznor's longtime manager, said attorney Zia F. Modabber. The
award likely would top $4 million when interest is added.
Modabber said he called Reznor, who is on tour, with the news.
"He was almost silent at first. It's still sinking in," Modabber said. "It's been a difficult thing for him in a lot of ways. They were very, very
close friends."
A lawyer for Malm did not immediately return a call for comment Tuesday.
The civil verdict came after a three-week trial in which Reznor testified that he was stunned to learn in 2003 that despite millions of dollars in
earnings, he was left with as little as $400,000 in cash.
"I felt I had an accountant I couldn't trust," Reznor testified.
Reznor sued Malm, contending he duped Reznor into signing a contract that gave Malm 20 percent of his gross earnings rather than net earnings, and let
Malm collect the commission forever.
A lawyer for Malm, Alan Hirth, said in an opening statement that Malm worked many years for no salary ? and kept nothing secret from Reznor.
Nine Inch Nails' fourth studio album and first in six years, "With Teeth," debuted last month at No. 1 in sales.clevohardcore - 6-1-2005 at 12:12 PM
It's good to see this I guess. I mean if he got fucked over at least in the end he came out on top.gavin - 6-1-2005 at 12:29 PM
he should have to pay me 2 mill for hearing those shitbag songs for so many yearsShane - 6-1-2005 at 01:45 PM
Quote:
Originally posted by MrBadVibes
he should have to pay me 2 mill for hearing those shitbag songs for so many years
Amen to that.RomanticViolence - 6-1-2005 at 01:47 PM
Quote:
Originally posted by MrBadVibes
he should have to pay me 2 mill for hearing those shitbag songs for so many years
You are sooo awesome! moron - 6-1-2005 at 01:59 PM
The Downward Spiral is fucking great, and Broken is also to an extent. I havent listened to anything more recent though. To comment on this little
tidbit of news though.... Yay. A millionare makes another 3 million.
...ENDERA.x - 6-1-2005 at 08:38 PM
AHHHHHHHHHHHJawnDiablo - 6-1-2005 at 10:03 PM
NIN aint fit to wipe my ass with. i was somewhere and saw that felcher rereleased the downward spiral and is charging over $30 for the shit. he could
at least blow me for $30 for a 10 year old slab of queernessBL - 6-2-2005 at 04:09 PM
NOW THAT I KNOW HES GOT THAT DOUGH IM GONNA KIDNAP HIS DAUGHTER AND HOLD HER ASS FOR RANSOM! HAHAHAHA...
CHEERS
BLJawnDiablo - 6-2-2005 at 04:58 PM
he has a daughter? when did him and david bowie have a kid?JawnDiablo - 6-2-2005 at 04:58 PM
