Sean “Diddy” Combs has decided to drop his lawsuit against Global Brands Group (GBG) regarding the use of his name in relation to his self-founded clothing brand, Sean John.
The media mogul originally founded Sean John in 1998 and sold a 90% stake to GBG for $70 million in 2016.
Diddy’s legal action alleged that GBG continued to exploit his persona for commercial gain after he sold his majority stake in the company.
This dispute led to multiple lawsuits starting from February 2021, as reported by AllNewHipHop.
Despite regaining control of Sean John through a $7.5 million bid in 2021, Diddy sought further financial compensation from the bankrupt GBG.
One notable grievance was over Sean John’s collaboration with Missguided, which Diddy claimed improperly used his image without consent.
The recent development saw both parties agreeing to voluntarily dismiss their claims and counterclaims on June 21.
Originally seeking $60 million in damages, Diddy’s decision to drop the lawsuit comes amid his ongoing legal battles, including allegations and lawsuits filed against him.
This legal turmoil intensified following a lawsuit by his former partner, Cassie Ventura, in November 2023.
While Ventura settled her claims quickly, the fallout triggered additional accusations against Combs, including allegations of sexual harassment and trafficking by a former producer.
The media scrutiny has also impacted Diddy’s public profile and affiliations.
He recently stepped down from his position at Revolt and faced repercussions such as the revocation of his honorary degree from Howard University and the rescinding of his key to New York City.
Despite withdrawing the lawsuit against GBG, Diddy retains the option to pursue legal action on the same grounds in the future, as his legal battles continue to unfold.
