Undefeated boxing champ, Floyd Mayweather Jr., was named in a lawsuit recently, in which a New York management company accused him of stealing their artist.

According to Yahoo! Music, the owners of New York based Just for You Entertainment of stealing their rap artist Freck Billionaire and "surreptitiously signing" to his own Philthy Rich label last year.

Executives of the company claim to have spent $155,000 in developing the rapper's career -- including studio time, living costs, and travel expenses -- under an exclusive contract they inked with the rapper in 2005.

They are seeking at least $600,000 in a civil suit against the star boxer.

Freck Billionaire is a rising rapper haling from Philadelphia.

Floyd Mayweather is set to return from a for 17-month retirement in July, when he faces lightweight champ Juan Manuel Marquez.

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