Exclusive: Terrence Howard To Settle $250K Suit With Former Managers

- By Bossip Staff

Empire Actor Accused Of Stiffing Former Management Company

Following months of no-shows, Terrence Howard has now agreed to fall on his sword and settle a lawsuit accusing him of dumping his former management company after they got his career back on track.

Authentic Talent and Literary Management sued Howard last year for breach of contract, claiming he promised to pay the company 10 percent of his earnings from the hit show in exchange for its counseling, management and career guidance. Instead, the suit said Howard terminated their oral contract and hadn’t paid them a dime in almost a year, according to court docs.

The suit doesn’t give a dollar amount on what Howard allegedly owes, but said he’s already raked in millions and the company is owed to more than $250,000.

Howard didn’t bother to hire a lawyer to defend him in the case and never responded to the lawsuit. A judge put him in default on the case back in March.

But father of five Howard had a hearing on his case last week, and although he didn’t show, lawyers for Authentic Talent and Literary Management said that they were working with Howard to settle the case out of court.

The company said it played a key role in Howard’s career resurgence, and Howard agreed to pay them a portion of his “Empire” revenue throughout his seven season contract with the show, regardless of whether Howard ended their working relationship or not.

But they said Howard just stopped paying them and then abruptly canceled their services.

Howard and Authentic Talent and Literary Management are due back in court next month.

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