According to TMZ, Wiz Khalifa sued the concert promotional company "It's My Party, Inc." for $1 million for cancelling his scheduled performance date at George Mason University. The claim in Wiz's lawsuit was that he was promised $85,000 with an additional percentage of the profits earned from the show, but he ended up suing the company for a much larger sum due to damages that the cancellation would bring his reputation in the eyes of his fans.
However, "It's My Party" hit Wiz with a massive counter that won them the case and made the judge dismiss his entire lawsuit. They revealed that Wiz never signed an official contract to perform, so therefore when they cancelled the show, no contract was breached; therefore the case was dismissed.
Even though Wiz lost this lawsuit, his pockets are still very stable at the moment.
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