Troubled Rock Legend Sly Stone Wins $5 Million Settlement
Sly Stone just scored $5 million thanks to an L.A. jury that ruled the legendary funk singer was had by former manager Gerald Goldstein. Sly testified that he had not received any royalty payments between 1989 and 2000 from Goldstein who pilfered through the singer’s fortune.
“It’s a good day for Sly, it’s a good day for entertainers in general,” his attorneys, Nicholas Hornberger, said. “This was an important verdict for people that are artists, entertainers, music composers, etc.”
Sly’s financial struggles as well as drug addiction have been well documented. The musician went from living in a Bel Air mansion to a van parked in front of a South Central LA home. Thanks to contributions from others in the music community, Sly was able to recently upgrade to a RV.