Bay City Rollers Demand Millions in Back Pay

In 1964, the Beatles famously sang the lyric "money -- that's what I want." New Beatles No. 62 the Bay City Rollers had a Top 10 hit with 'Money Honey' in 1976. Cynics might say that's all those two groups have in common. But if a lawsuit introduced by the Scottish teenybopper fivesome in U.S. District Court in New York is decided in their favor, the band members will be getting paid some Beatles-level big bank.

The Fab-ish Five from Edinburgh, who reached No. 1 in 1976 with the pop anthem 'Saturday Night,' seek millions of dollars in what they claim are unpaid royalties from their former label, Arista Records. The money owed, they say, stems from the sales of albums and merchandise as well as from rights to commercials, movies and ring tones -- seems they sold quite a few pairs of those plaid-trimmed highwater pants back in the fleeting days of Rollermania. If the Rollers' suit prevails, making Les, Woody, Alan, Eric and Derek as rich as five Scrooge McDucks, can we expect a quintet of one-legged, dancing gold diggers to come calling? Read the full story.