ATLstatus.com

This is so funny we're not sure how we missed this....

After his Buckhead restaurant closed recently leaving former employees without pay for a number of weeks, it's rumored that Jermaine Dupri maybe out of his executive gig at Island Def Jam. According to a number of street & many online sources there's word that the little man is falling on more hard times. It's been a rough year so far for Jermaine Dupri from his recent beef with many deejays such as Greg Street, his club Studio 72 not really taking off as a consistently popular nightspot, his Cafe Dupri restaurant payroll issues & subsequent closing and now it's rumored that he's to be relieved from his post at Island records in the very near future.  In April, Jermaine Dupri had teamed with Tag deodorant spray to help jumpstart their new record label Tag Records that was to be distributed through Island Def Jam.  

There were so many Celebs at the So So Def all white party that took place over the weekend, that it would take forever to name them all. ATLstatus was definetly in the builiding with hundreds of people who came out to celbrate the So So Def Summer Fest. Check out the pics below so you can at least front like you were there