Bad Boy Entertainment (BBE) co-founder and former president Kirk Burrowes claims in a new lawsuit he was forced to relinquish his 25% stake in the label to Sean Combs (Diddy) during an altercation in 1996.

The 62-year-old ex-music executive, who was at one time Diddy’s right-hand man, says he’s now homeless as a result. His lawsuit describes how he had to endure “prolonged periods of living in shelters across New York City” due to the resulting financial hardship.

So why is Burrowes suing the company’s majority stakeholder, Combs’ 84-year-old mother, Janice Smalls? That’s because the 55-year-old Diddy allegedly transferred Burrowes’ former shares to Smalls after threatening him into giving them up. Burrowes claims Smalls “engaged in a decades-long scheme of intimidation, violence, fraudulent misrepresentation, and financial concealment.”

The bombshell lawsuit says the incident took place in Burrowes’ New York City office in May 1996, when Combs — armed with a baseball bat — appeared with Bad Boy attorney Kenneth Meiselas. Burrowes alleges Combs used physical violence to coerce him into signing over his stake in the label they co-founded.

Burrowes says that after the incident, having been a close friend of the Combs family, contacted Combs’ mother, Smalls, “seeking guidance.” She claimed to be “unaware” of what had happened; the lawsuit notes Smalls was unusually absent from the office the day of the alleged assault.

According to Burrowes, both Combs and Meiselas were “acting under [Smalls’] direction” to “orchestrate the fraudulent involuntary transfer.” His lawsuit asserts that Burrowes was “not only defrauded […] of his rightful stake in BBE but also systematically sabotaged [in] his career.”

“They blacklisted him from the music industry, blocked business opportunities, and destroyed his professional reputation, ensuring he would remain financially destitute and unable to reclaim what was rightfully his,” says the lawsuit.

Burrowes claims he invested $100,000 of his own money when BBE was first launched and says he is owed millions in lost profits. His lawsuit is seeking damages for financial losses, reinstatement of his 25% ownership stake of the company and the annual share that entails, and a “forensic audit of Bad Boy Entertainment’s earnings and profits” from the lifetime of the company.

“We are confident that the legal process will hold those responsible accountable and ensure that justice prevails,” said Burrowes’ attorney, Tyrone Blackburn, in a statement to Daily Mail.

He also shared a message from Burrowes to Combs’ mother: “Janice Smalls, we started this out as a family unit, and I believed in Sean’s talent. I had a talent too, and I delivered. I looked out for your family, and you let them, as well as yourself, destroy mine. See you in court.”

Combs remains behind bars at Brooklyn’s Metropolitan Detention Center as he awaits trial on federal charges of sex trafficking, racketeering, and more.