Trent Rexnor Wins $3M Lawsuit
A New York jury ordered John Malm, the former manager, to pay Reznor 2.95 million dollars for breach of contract and fraud. The total may reach more than $4 million with the calculation of back interest.
The verdict was handed down after three weeks of trial. During the court battle, Reznor testified that he was stunned to learn that he had only earned $400,000 after selling millions of discs. He soon learned that his manager was taking most of the money.