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Ne-Yo: Ex-Manager Owes Me $8M

Ne-Yo wants $8 million from his ex-manager.

The Daily News reports that the R&B singer-songwriter has sued onetime manager and confidant Kevin Foster in Manhattan federal court.

Foster started handling Ne-Yo’s finances in 2005. The lawsuit says Foster moved some of Ne-Yo’s money without permission. It also alleges that Foster faked Ne-Yo’s name on loan documents and invested Ne-Yo’s money in a water company that was teetering on the edge of bankruptcy.

The lawsuit seeks $4.5 million plus $3.5 million in fees that Ne-Yo, 34, says he paid Foster.

The Daily News says a phone number for Foster’s firm was out of service.

Ne-Yo’s real name is Shaffer Smith. His representative didn’t return an email seeking comment Thursday.

[Billboard]