Jerry Moss their new-found company A&M Records. After the A&M label was purchased by PolyGram, the two men went on to form Almo Sounds in 1994, a new record label which continues to operate. Moss and Herb Alpert were inducted into the Rock and Roll Hall of Fame in 2006 as nonperformers. Jerry Moss and his wife, Ann, are also longtime horse breeders and owners who received the largest ever first-place purse from the Kentucky Derby in 2005 after the victory of the first horse he had ever entered in that race, Giacomo. In 2004, Moss was appointed to the California Horse
Jack Daugherty (musician) Roger Nichols, Richard felt that he was producing the records and Daugherty put his name on them. In 1972, Daugherty had his own secretary at A&M and was paid a $25,000 salary (US$ in dollars) in addition to royalties from The Carpenters' records, but after he was fired from A&M, Daugherty sued Herb Alpert and Jerry Moss for wrongful termination and he claimed that his termination undermined his credibility in the music industry. He lost the 9-year lawsuit after the courts ruled in favour of both A&M and The Carpenters, but the defense cost the record label $350,000 (US$ in