Hip Hop News Uncensored
@hiphopnewsuncensored·911K subscribers·5.5K videos
Jay-Z Ordered To Testify After Dodging The Feds Twice?!?! | Hip Hop News
Posted
May 3, 2018
Views
29,256
Likes
159
Comments
56
Engagement
May 3, 2018
29,256
159
56
0.73%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
2:31Now PlayingJay-Z is slated to rap next week — with a federal judge.
The hip-hop mogul has been ordered to appear in court next Tuesday to explain why he shouldn’t have to testify in a federal probe of Iconix, the company that owns his Rocawear fashion label.
The Securities and Exchange Commission, which is investigating whether Iconix broke the law when reporting Rocawear’s finances, complained that Jay-Z — whose real name is Shawn Carter — has ignored two subpoenas over the past six months.
“Carter failed to appear as required by the subpoenas and, through his counsel … has declined to provide any additional dates on which he will agree to appear,” the agency griped on Thursday.
US Judge Paul Gardephe promptly obliged, ruling that the SEC has given sufficient cause to compel Jay-Z to testify.
Jay-Z’s lawyer Alex Spiro protested in a Thursday statement that the rapper “had no role in that reporting or Iconix’s other actions as a public company,” and that “Mr. Carter is a private citizen who should not be involved in this matter.”
The SEC said its quest to put Jay-Z on the stand “does not reflect a determination” that the rapper “has violated provisions of the federal securities laws at issue in the investigation.”
try Our Hip Hop Coffee Blend Here
**********************************************************************
**********************************************************************
The Latest Hip Hop News, Viral Headlines, And Breaking stories. News Updated Daily!
**********************************************************************
SUBSCRIBE TO HIP HOP UNCENSORED HERE
**********************************************************************
Check Out Our Website
Follow Us On Instagram
Follow Us On Twitter
Like Our Facebook Page
COPYRIGHT TAKEDOWNS: ogod@hiphopun.com
Intro Music: By @kingtoro84 On Instagram For More Beats!
*
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
