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SunTrust Bank Sues Jermaine Dupri

Jermaine-Dupri-LAVO

From CBS Atlanta:

According to court documents SunTrust Bank is suing Atlanta music producer Jermaine Dupri and his So So Def Productions.

The suit for $1.9M is claiming Dupri defaulted on a loan.

The suit was filed Thursday in Fulton County Superior Court.

SunTrust said Dupri took out a nearly $4.9 million loan in December 2010, but defaulted on the commercial note in May 2011.

So So Def was listed as the loan’s guarantor, according to the plaintiff.

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