Last year November, Rasheed sent the brothers and hip hop moguls a letter, accusing them of funneling millions in revenue from the popular girl version of the footwear, Pastry, into a different company that he’s not a part of.
Russell Simmons has responded to the allegation, calling his ex-partner a “disgruntled employee.”
“[Rasheed] worked for me … I fought to keep his job … and I’m sorry he’s disgruntled, but that’s what happens,” Simmons said. “Anyone can say anything if a celebrity’s name’s attached to it … there’s nothing I can do about it … it’s false.
“We never stole any money from anybody.”