Tech firm Monster sues Beats and founders Dre and Iovine
Monster, which co-designed the original Beats By Dr. Dre headphones, is filing suit against Beats Electronics, the firm acquired by Apple in May and co-founded by musician Dr. Dre and producer Jimmy Iovine. The audio tech company and its CEO, Noel Lee, say in the suit that he and Monster invented the technology behind the Beats By Dr. Dre headphones. The suit claims that Iovine and Dre (Andre Young) committed fraud in pirating the headphones away from Lee and Monster.
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