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Sly Stone sues his former manager

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Uploaded on Feb 5, 2010

Sly Stone sued a former business manager and others on Thursday, claiming tens of millions of dollars in royalties were kept from the singer who now depends on Social Security to survive.

Stone, whose real name is Sylvester Stewart, was the frontman of the 1970s funk group Sly and The Family Stone.

He sued former manager Gerald Goldstein and several companies in Los Angeles, alleging they kept 20 years of royalty payments and leveraged Stone's work and rights to accumulate as much as $80 million in assets.

The complaint said Stone has been homeless at times and is dependent on Social Security. Goldstein paid Stone some money until 2007, when the payments stopped, the lawsuit states.

Stone depended on Goldstein to handle his financial affairs, the suit states.

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