According to reports, rapper Flo Rida was awarded $82 million in court on Wednesday in his lawsuit against Celsius Energy Drinks. Flo Rida sued the company over money and stock options that were never paid as part of his endorsement deal. Per Forbes, "over $27 million of the damages represent 250,000 shares in Celsius the rapper said he was owed by the company." What's more, the jury found that Celsius not only breached their 2014 contract with Flo Rida, but also took action to fraudulently conceal the breach. And there's no timeframe or deadline," Flo Rida's lawyer John Uustal told Insider.

Source: Forbes January 19, 2023 18:48 UTC