Former Pearl Jam Manager Pleads Guilty to Stealing $380,000 From Band

artist: Pearl Jam date: 12/23/2013 category: music news
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Former Pearl Jam Manager Pleads Guilty to Stealing $380,000 From Band
Former Pearl Jam manager Rickey Charles Goodrich pleaded guilty to six counts of first-degree theft, admitting he had stolen about $380,000 during four years prior to being fired in September 2010. As Seattle Pi reports, King County prosecutors will likely ask that Goodrich is given six months in jail upon his February sentencing. If he hasn't paid the full amount of stolen money by then, prosecutors will demand a 14-month sentence. Hired by Pearl Jam Touring Co. in 2005, Goodrich assumed control of all Pearl Jam touring financial aspects in 2006. After a series of unaccounted and suspicious payments, several large illegal wire transfers were pinpointed by investigators, leading to Rickey's firing and a follow-up lawsuit from the band. According to the same source, Goodrich's thefts cost the management company about $566,000 with investigative expenses. Apart from covering personal debts, Goodrich had also used band's credit cards to cover various personal expenses, family vacations and wine. He was initially charged with a total of 33 theft accusations. Goodrich is expected to be sentenced on February 21 by Judge Laura Middaugh at the King County Superior Court.
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