Lil Wayne threatens to sue 'Pharma Bro' Martin Shkreli over album leaks

Lil Wayne performs at Hot 97's Hot For The Holidays held at Prudential Center. (

Rapper Lil Wayne is reportedly threatening to sue controversial businessman Martin Shkreli who has leaked tracks from his long awaited album "Tha Carter V."

Shkreli, who first hit the headlines in 2015 after he raised the price of a lifesaving HIV/AIDS drug from $13.50 to $750 per pill, obtained a copy of the unreleased album and has leaked several tracks onto the internet.

According to editors at, lawyers representing the hip-hop star and his old label Cash Money Records' distribution partners Universal Music have written to Shkreli threatening to sue him if he leaks any more music.

The 34-year-old businessman first played sections on an internet live stream in December last year and reportedly promised Wayne's representatives not to leak any more songs from the album.

The album was originally scheduled to be released in 2014 but remains under wraps as it is at the center of a $51 million legal battle pitting the rapper, real name Dwayne Michael Carter Jr., against Cash Money boss Bryan 'Birdman' Williams.

Wayne claims Birdman violated the terms of his contract with Cash Money by refusing to release the record and not paying him fully for the project.

Shkreli, who is currently under indictment for securities fraud, is a hip-hop aficionado and in 2015 paid $2 million for the only copy of the Wu-Tang Clan's album "Once Upon a Time in Shaolin."

The rap collective donated the proceeds of the album sale to charity after discovering the identity of the buyer.