Noel Lee says he invented the headphones that are marketed by Beats by Dr. Dre. In May 2014, Apple paid $3 billion to buy Beats by Dr. Dre.
Dr. Dre and music producer Jimmy Iovine got most of the proceeds of the sale and Lee got $0. Now Lee is suing for at least $150 million. Lee is the founder of Monster Cable, a company with an obnoxious reputation for threatening to sue any company that uses the word “Monster.” I can’t help feeling a bit of schadenfreude towards Lee, who has made many people miserable by hitting them with time- and money-wasting legal threats.