On August 16, 2018, Los Angeles Superior Court Judge David S. Cunningham III ruled that Steven Lamar, an entrepreneur who won $25.25 million at trial for his contributions to Dr. Dre’s and Jimmy Iovine’s first headphones in their “Beats” line of headphones, is entitled to another $5.6 million in prejudgment interest. Judge Cunningham also noted he will likely award attorneys’ fees in the future.
Steven Lamar, who a jury found was owed royalties on Beats headphones based on two royalty agreements- one between Dr. Dre and Iovine and a design firm, and another between the design firm and Lamar- proved he was also entitled to “declaratory relief” to receive royalties from any future sales of Beats’ Studio 3 headphones.
The case is Jibe Audio LLC et al. v. Jimmy Iovine et al., case number BC533089, in the Superior Court of the State of California, County of Los Angeles.
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