Mathew Knowles says that he lost out on a $175 million deal because he claims that his former lawyers spread lies about him selling Beyoncé memorabilia. According to The Blast, Knowles was sued by his former lawyers, Lang Ferrer PLLC, who accused him of refusing to pay $50,000 for work they performed. The complaint included accusations that Knowles had a silent auction during the 2017 Super Bowl Weekend, where they claimed he sold Beyoncé and Destiny Child memorabilia. The lawyers even said that Knowles disposed of the money he earned from the auction to avoid paying back creditors, such as the law firm.
Meanwhile, Knowles has denied all allegations and counter-sued the law firm for defamation. He said that he did have an auction, but it was for athletic and sports items.
On February 21st, Knowles filed new documents in the case accusing his former lawyers of threatening to make things “ugly for him” if he did not pay what Knowles referred to as “excessive and unreasonable” legal invoices. Knowles said that his refusal to pay the allegedly “inflated” bill resulted in the law firm spreading lies to the media about him arranging and conducting an auction to sell Bey’s memorabilia.
- Knowles has claimed that he was informed by others and businesses that they could not work with him or his company, Music World, because of the reported claim that he sold off Bey’s memorabilia to avoid paying off his creditor. One of the deals he missed out on included one with Port Royal Resort worth $175 million.
- He is demanding that the lawsuit continue. Knowles is also asking the court not to dismiss his counter-suit.