The five members of 'N Sync issued a response to the $150 million breach-of-contract lawsuit filed against them and Zomba Records by Trans Continental Records and BMG Entertainment (LAUNCH, 10/13).

"Trans Continental's conduct with regard to 'N Sync is the most glaring, overt, and callous example of artist exploitation that the music industry has seen in a long time," reads the statement. "We look forward to the opportunity to air the full facts and will do so in the weeks to come."

Indications are that 'N Sync's upcoming album, No Strings Attached, originally due out in early 2000, may be held up until this matter is sorted out in the courts.