A founding member of the Moody Blues has sued the rest of the rock group for taking “secret profits” and refusing to turn over information about recording contracts.
Michael Pinder, in acomplaint filed in Los Angeles Superior Court, said that when he left the group in 1981, he signed agreements giving him equal share of royalties from recordings made while he was still with the group.
Within the last year, however, Pinder claims he learned that other group members profited from an audit of a record company’s books in 1983 but did not share the money with him.
The lawsuit also says the group’s lawyers told Pinder last April that they had been instructed not to share information with him and to negotiate a record deal “to take advantage” of Pinder. The group has allegedly “utterly stonewalled” Pinder and refused to turn over information including copies of recording agreements.
The 15-page complaint seeks unspecified damages and a dissolution of the Moody Blues partnership. It also alleges the group entered into agreements with other companies, including Decca, without informing Pinder, and keeping his share of the proceeds from these new deals.
Neville Johnson, Pinder’s attorney, would not elaborate.
The band’s attorney, Don Engel, was out of the office Tuesday and could not be reached.
Pinder recently released “Off the Shelf,” a mini CD on independent label One Step Records.