From today’s Chicago Tribune (I’m just goig to print the whole thing since it’s short and the Trib is subscription only):
Rock stars, like businesses, have contract disputes. Former Wilco drummer Ken Coomer sued the band’s lead singer, Jeff Tweedy, for breach of contract, claiming that Tweedy didn’t hold up his side of the bargain when Coomer split from the Chicago-based band in 2001. Coomer claims that according to an agreement band members signed in 1995, members who leave the group sell their shares of the “corporation” to remaining members for “par value.”
Coomer claims that Tweedy has refused to compensate him despite numerous requests. He’s asking for more than $50,000.
A spokeswoman for Wilco said the band had no comment. (Reported by Jim Kirk)
Can I buy some stock in that “corporation?” I think it’d be a wise investment. Then I could ask the chairman of the board why the hell Wilco ain’t playing in their hometown of Chicago this summer!