The former CEO of PledgeMusic — the direct-to-fan music marketplace that filed for liquidation earlier this year, leaving thousands of musicians unpaid — has been accused of improper financial conduct by a member of the band Failure, one of the artists who are owed money by the company. The executive has denied the allegations and says he is exploring legal action.
Source: PledgeMusic’s Former CEO, Primary Wave Deny Allegations of Financial Misconduct