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Trauma Records Sues Interscope for Fraud

From Reuters

Trauma Records said Tuesday it sued Interscope Records seeking $100 million in damages for alleged breach of contract and fraud in a deal involving the hit pop band No Doubt.

The lawsuit alleges that Interscope, which is half-owned by Seagram Co., assigned No Doubt’s recording contract to Trauma in 1995 when it was a relatively unknown band but then reneged after the group became immensely popular.

Interscope and Trauma have had a distribution pact since 1994. The lawsuit also seeks to terminate that agreement.

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An Interscope spokeswoman said the company had just received the lawsuit and had no further comment.

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