Madonna sues over 'lost millions'

Madonna's Maverick Records label has sued Warner Music and Time Warner for breach of contract, accusing the record company and its former parent of mismanagement and improper accounting that cost the singer and her partners millions of dollars.

The lawsuit, filed in Los Angeles Superior Court, is the latest chapter in a long-running dispute between Madonna and Warner over Maverick, a joint venture the singer and record company launched in 1992.