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Sly-and-the-Family-Stone--001Sylvester Stewart aka Sly Stone, the legendary funk/soul singer was awarded over 5 million in damages from an attorney and accountant who ripped him off by diverting his funds into their own companies and accounts. Because Stone didn’t get his royalties from 1989 through 2000 it eventually left him homeless. The Los Angeles Superior Court announced the verdict on Tuesday. A majority of the money was diverted by Stone’s former manager Gerald Goldstein and his company Even Street Productions .Hornberger of Hornberger Law Corp., the lead attorney for the singer said, “It was a classic case of Hollywood accounting, but I guess it would have to be called record industry accounting.” s

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