Pearl Jam Exec 'Stole $380,000' From Band

artist: Pearl Jam date: 06/20/2012 category: general music news

Sign up to get weekly digest with top stories from UG. Ads free, only news.

Thanks for subscribing! Check your email soon for some great stories from UG

I like this
11
votes: 2
views: 51
Pearl Jam Exec 'Stole $380,000' From Band
A former financial executive for Pearl Jam has been charged after allegedly stealing over $380,000 from the band since 2005. Rickey Goodrich started as the band accountant in 2005, and within a year he was given full responsibility of their funds. Little did they know, Goodrich was allegedly transferring cash to his account, to his wife, and paying for family holidays with band credit cards. When the band's managers confronted him after finding evidence, he initially claimed they were personal loans which he repaid. But money always leaves a trail, and accounts showed that he had only paid back $55,000. It was only then that he allegedly admitted to owing the band another $300,000, according to Classic Rock. Now, after being fired in 2010, Goodrich is awaiting a court appearance in Seattle on June 28, where he faces 25 counts of first-degree theft and eight of second degree theft. Meanwhile, the band are busy working on their latest album. In March, guitarist Stone Gossard updated fans to say it was nearly finished, but there was plenty of work left. "We really want to finish a record this year," said Gossard. "[It's] now between half and three quarters done, but we got some new material and we're excited about hopefully doing some more work on that later in the year."
Submit your story new
More Pearl Jam news:
+ Pearl Jam to Tour in 2016, Promise 25th Anniversary Celebrations Upcoming Tours 12/12/2015
+ Check Out Video of Pearl Jam's Eddie Vedder Duetting With Beyonce General Music News 09/28/2015
+ Pearl Jam Aiming to Release New Album Next Year Upcoming Releases 08/26/2015
+ Man Writes Letter to Ask Help From Pearl Jam's Eddie Vedder, Ends Up Getting Arrested WTF? 07/20/2015
+ Pearl Jam and Fans Have Raised $76,000 to Buy Late Mother Love Bone Frontman's Mom a New Home General Music News 04/15/2015
+ Arrest Warrant Issued for Former Pearl Jam Drummer WTF? 02/26/2015
+ view all
Comments
BIU:)
Only "https" links are allowed for pictures,
otherwise they won't appear