Kelley | Uustal attorneys John Uustal, Cristina Pierson, Matt DellaBetta, and Fan Li have successfully secured an $82.6 million verdict for internationally renowned rapper, singer, and songwriter Flo Rida. This landmark case against Celsius Holdings centered on a breach of contract claim, highlighting our firm’s dedication to fighting for our clients’ rights.
The Case: Championing Artistic Integrity
Flo Rida, whose real name is Tramar Dillard, filed a lawsuit against Celsius Holdings, alleging that the company violated the conditions of an endorsement deal that spanned from 2014 to 2018. The artist sought the stock shares promised to him under the agreement, asserting that he played a crucial role in the brand’s development and success.
The Trial: Uncovering the Truth
Celsius Holdings contended that the sales benchmarks outlined in the contract had not been met, arguing that their company’s significant growth occurred post-endorsement deal. However, the jury sided with Flo Rida, recognizing his substantial contributions to Celsius’s market presence. The verdict was calculated based on the number of shares promised at the stock’s trading price on the last day of the trial.
Flo Rida’s Perspective: Seeking Fairness
Flo Rida’s testimony was pivotal in demonstrating his commitment to the brand. In his own words,
“From the start, I only wanted what I worked for, nothing more, nothing less.”
He recounted how he championed Celsius, integrating the product into his lifestyle, concerts, and social media presence. His dedication to promoting Celsius contributed significantly to the company’s visibility and growth.
The Outcome: A Landmark Verdict
The jury’s $82.6 million verdict reflects the fair market value of the stock shares Flo Rida was promised. This substantial award underscores the importance of honoring contractual commitments and recognizes the artist’s vital role in Celsius’s early success.
Kelley | Uustal: Champions of Integrity and Justice
The $82.6 million verdict in favor of Flo Rida is a testament to Kelley | Uustal’s relentless pursuit of justice. If you or a loved one has been affected by a breach of contract or corporate negligence, know that Kelley | Uustal is here to fight for your rights with unwavering dedication and expertise.
Our team of over 12 award-winning attorneys has secured more than $1 billion in life-changing verdicts and settlements. We specialize in cases involving malice, accidents, or corporate negligence, often taking on challenging cases that other firms may shy away from..
