Luxury Watch Maker Promises To File Charges Against Ray J – Tha Wire [VIDEO]

Today in Tha Wire, Ray J's looking at a lawsuit over his new watch venture.  Find out why. Plus, watch the NBA All-Star weekends biggest moments and concerts.

Last year singer turned reality star Ray J, kicked off a new business venture with his partner David Weintraub and  became the face of RSNL Watches.  However it appears Ray Jizzles new deal has hit a major road block.

AllHipHop News reports Ray J has been hit with a cease and desist letter from luxury watch company Audemars Piguet because they feel that the RSNL watch is a clone of their Royal Oak watch.  As a matter of fact, Piguet claims both lines are so similar they each feature hexagonal screws on the octagon-shaped face of the watch.

Audemars Piguet ain't having it. By sending the letter the luxury watch maker gave Ray and his partner Weintraub a chance to pull-up.  The two had until Feb. 3rd to abandon their new watch venture but, Weintraub told TMZ their going to keep it moving and continue with the launch.  So a big money lawsuit is on the way.  I'll keep you posted.

NBA All-Star Weekend was off the hinges this year.  Sunday's game attracted some big-name music, Hollywood and politics, like ncluding a performance by pop singer Christina Aguilera before the start of the action. Among those attending the game was former President Bill Clinton, who sat with former NBA basketball player Dikembe Mutombo. Others seen at the game include film director Spike Lee and comedian Chris Tucker.and below are a few video re-caps of some of the concerts and excitement:

Listen to Tha Wire below for more on today's news, plus the latest on Bobbi Kristina Brown and celebrity birthday's.