Braxton settles with ex-manager
Toni Braxton has settled her multimillion-dollar lawsuit against her former personal manager, representatives of both parties said.
Under the settlement, the 39-year-old R&B; singer is free to pursue new projects following her return of a $375,000 advance to manager Barry Hankerson, Braxton representative Michael Sitrick said. Braxton would be responsible for paying royalties from her next album to Hankerson, both parties said this week.
Braxton’s lawsuit accused the manager of putting his financial interests ahead of hers and inducing the singer to leave a lucrative deal with Arista Records through fraud, deception and double-dealing.
Hankerson said she was dropped from Arista because of record sales.