Reportedly, Yung Joc is being sued by company ‘Stereotypes’ who alleges the rapper failed to pay the company for installing high-end stereo equipment in his automobile.
Yung Joc and the company Stereotypes are reportedly in a fraud and contract dispute. The company is claiming that the rapper did not pay the total for the services provided totaling almost $25,000.
In other news, recently the rapper signed a deal with Jive Records which is home to artists such as R. Kelly, Asia Cruise (HiTz Committee/Jive), Britney Spears, Chris Brown, Ciara, Justin Timberlake, Jordin Sparks, Lil’ Mama, Nick Lachey, Usher, Too Short, amongst others. The rapper is stated to be working on “Mr. Robinson’s Neighborhood” which is due for release in the Fall or early 2009.
In 2006, Yung Joc was ranked number 20 on “Forbes’ Richest Rappers List” a gross worth of $10 million.