After Beats Electronics and Music scored $3 billion when it became part of Apple, not everyone was happy. A former partner of Beats executives Dr. Dre and Jimmy Iovine, for one, who sued the pair in 2015 , claiming they’d swindled him out of money that should’ve been his. A judge has now dismissed key claims in the former partner’s lawsuit. Los Angeles County Superior Court Judge William Fahey issued a summary judgment that ties up the main part of the double-crossing case, the Los Angeles Times reports. Noel Lee, founder of video and audio cable maker Monster, was an early partner of Beats co-founders Dr. Dre and Iovine, holding a 5% stake in Beats as part of a partnership between his company and the headphone makers. He alleged in the lawsuit that his former pals worked out a “sham deal” with HTC in 2011 that effectively ended Monster’s alliance with the company, and Lee’s stake in Beats was cut to 1.25%. He eventually sold off the rest for $5.5 million in late 2013, claiming in ...
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