Curren$y and Damon Dash

Curren$y and Damon DashBuzzing New Orleans rapper Curren$y has filed a lawsuit against Damon Dash, claiming the once predominant record executive continues to profit from his music although they severing ties back in 2010.

According to TMZ, the rapper (aka Spitta) claims the pair tried to negotiate an agreement in 2010 to release projects under Dash’s BluRoc label, but they failed to come to terms.

Despite both sides unable to reach a deal over several talks, two Curren$y projects — Pilot Talk and Pilot Talk II — were released that same year through DD172.

The rapper went on to sign a label deal with Warner Bros. Records for his own Jet Life Recordings imprint, where he’s released one album thus far — 2011’s Weekend at Burnie’s — and signed several artists to his roster.

In court documents, Curren$y says Dash ignored by his deal with Warner Bros. and continued to release previously record music, which Warner Bros. currently holds the rights to, specifically Muscle Car Chronicles, which dropped in mid-February.

The rapper is demanding that Dash immediately stop releasing his music for profit, and is seeking $1.5 million in damages.

In response to the suit, Dash has come forward claiming he was given permission to release the albums in question. Furthermore, he says Curren$y stabbed him in the back by not honoring their agreement and signing his deal with Warner Bros.

There has yet to be a ruling in the case. Stay tuned…