Dame Dash's Camp Tells Curren$y Stop Blowing Smoke, Addresses $1.5 Mil Lawsuit

Former Roc-A-Fella Records co-owner Damon "Dame" Dash's camp has fired back at reports of one-time affiliate Curren$y taking legal action and filing a million dollar lawsuit against him over unauthorized music being sold.

Speaking via a statement, Dash's lawyer said he hopes both sides can reach an amicable agreement and avoid a nasty court battle.

"My client's initial reaction to the lawsuit was that of surprise, particularly in light of Curren$y's numerous statements that the 'Muscle Car Chronicles' would be released by BluRoc," states Damon Dash's attorney, Joshua E. Seidman. "On March 15, 2012, the plaintiffs appeared in Federal Court to argue for a preliminary injunction seeking to enjoin my client from the continued distribution of the 'Muscle Car Chronicles'. The plaintiffs' application was denied in open Court by Federal Judge Andrew Carter and the album was permitted to remain available through iTunes and other retailers. While the situation remains ongoing, we are hopeful that an amicable resolution can be reached. My client wishes Curren$y the best in all of his future career endeavors. However, he has expressed a deep concern with respect to the manner in which the artist's attorney and manager have conducted themselves. He sincerely hopes that Curren$y is not being misled or pressured into making unwise decisions, such as the filing of what appears to be a potentially frivolous litigation." (Statement)

Details of Curren$y's lawsuit began circulating online last weekend.

Rapper Curren$y's music is NOT to be trifled with -- and to prove it ... the MC is suing famed music producer Damon Dash, claiming he is hocking several Curren$y albums without permission. Curren$y filed the lawsuit against Jay-Z's old biz partner and former co-owner of Roc-A-Fella Records -- claiming he and Dash tried to negotiate an agreement to release music together in 2010 ... but the deal never materialized. Curren$y claims Dash released two of his albums in 2010 -- but the two still couldn't reach an agreement ... so Curren$y signed with Warner Bros. in January 2011. But according to the lawsuit, Damon was unmoved -- and CONTINUED to release Curren$y's music despite the new WB contract, which gave WB exclusive rights to Curren$y's jams. (TMZ)

The lawsuit showed Spitta aiming to get back over a million bucks in damages.

Now, Curren$y is demanding the producer quit profiting off him in any way. Curren$y also wants $1.5 million in damages. But Damon fired back at the accusations with his own response -- claiming, he has the right to release the albums in question because he was given permission. What's more -- Damon says Curren$y stabbed him in the back, reneging on his agreement with Damon and signing with WB instead. A judge has yet to rule on the case. (TMZ)

Back in May 2010, Dash credited Curren$y for getting him inspired about music after a long tenure at Roc-A-Fella Records.

"[Curren$y] inspired me to dust off the chains. We brought 'em out for kicks, just 'cause we could. Then we was like, 'F--- it, let's put it out through Roc-A-Fella.' It was really more something he wanted to do. Basically, 'cause we havin' such a good time, and the opportunity's there, we was like, 'Why not?' ... Def Jam or Universal bought the brand. I think the 'beef' [with us and Jay-Z] was that Jay made it clear he didn't want me or Biggs to be a part of it. That's really where it was at. Now that he doesn't work for Def Jam anymore, he doesn't have the right to use the name. So there's no reason for us not to use it. It's there, and it's a brand that's not being used. So I was like, 'I'll take it.' It always meant something to me." (MTV)