Precient Settles Suit with Jackson – MiniBullet #46

Precient Settles Suit with Jackson – MiniB#46

June 18 2007 – Precient Acquisition Group has decided not to face singer Michael Jackson in court concerning claims it allegedly was owed upwards of $48 million.

Precient, owned by Darrien Dash, claimed the company helped Jackson secure a commitment of $537.5 million which supposedly enabled him to pay off a debt with Bank of America. Jackson says he never heard of Dash and certainly didn't remember signing documents agreeing to pay his company $50 million for anything.

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