MOG founder David Hyman has filed a lawsuit against Beats Electronics for more than $20 million according to a new report from The Wrap. The complaint stems from a compensation agreement that was signed when Beats acquired his company two... Read more
Im not even close to a professional in this type of thing, but that seems like it might possibly be a not so wacky claim?
Came a bit late tho didnt it... 6months down line "Ah I am gonna sue beats! its been 6 months and I should probably make court case..."
I didn't know Beats bought MOG. With that in mind, the purchase of Beats makes a little more sense. From his point of view, he probably realized why they ousted him once the news about the Apple acquisition was announced. I do find it a bit amusing that Beats bought MOG, since they mostly catered to the streaming audiophile community, which isn't exactly Beats demographic.
It could have been the guys lawyer dragging their feet. I can't say though, as I don't know any details. The time delay could also stem from new information that didn't surface until months later.
He was fired for terminating somebody... surely that must mean he literally murdered somebody because I don't see how someone in a management type role could be fired for firing someone. The article was non-specific about his role post acquisition. Is it too much to presume he retained some type of management position? Otherwise, I don't see any reason for somebody to be part of a company he sold if he didn't retain enough power to make it worth his time. It just seems fishy. I hope he has some hard proof though. It'll be circumstantial evidence mostly, I presume, and thats a tough sell.
I can imagine it now in the court Judge: So why did you wait 6 months before you filed the lawsuit?, Mog founder: I was on vacation for 6 months and tbh I didnt know apple was interested in buying us so now they are I thought Heck why not lets sue them .
I was just thinking the same thing. Maybe Cook will feel sorry for him when Apple buys Beats and fully recompenses him from the loose change in his pocket.
To those that think 6 months is too long to file lawsuit, you have never filed a professional one before have you...
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