It goes without saying that has a lot on his plate at the moment, and recently, he decided to check one box off his list. According to an exclusive report by , the mogul has dropped his $60 million lawsuit against the fashion brand he founded, . Reportedly, he sold 90 percent of the brand to Global Brands Group (GBG) back in 2016.
The relationship took a turn for the worse in 2021. In February of that year, he filed various lawsuits against GBG. He to promote their products without permission.
The fashion house later filed for bankruptcy, and Diddy secured a winning bid to buy back the struggling Sean John brand for $7.5 million. The lawsuit's dismissal will allow the Bad Boy Records founder to pursue legal action against GBG in the future if he chooses.
For now, however, it appears as though he has bigger fish to fry, as he's facing several lawsuits accusing him of sexual assault, abuse, and more. He's also currently at the center of a federal sex trafficking investigation. This is what prompted raids of two of his mansions earlier this year.
Matters were only made worse for Diddy last month when of him and his ex-girlfriend surfaced online. In the 2016 footage, he can be seen chasing Cassie at a hotel, kicking her, and more. He's since for his past behavior, though it did little to mitigate the damage done to his reputation.
What do you think of Diddy dropping his $60M lawsuit against Sean John amid all his other legal woes? Are you surprised or not? Share your thoughts in .
