Rumors swirled Friday that nineties girl group TLC has been dropped from Epic Record Label, but LA Reid, who is the CEO of the label, has confirmed that's not true.

He tweeted Friday, "Sorry folks, TLC [has] not been dropped by Epic Records and yes we, Chilli and T-Boz are friends for life."

The reason for the alleged drop was Reid's ex-wife Perri "Pebbles" Reid, who also used to manage TLC. In the group's Vh1 biopic, CrazySexyCool: The TLC Story, Pebbles was portrayed as one who stole millions from the group and had them sign a shady contract. Since then, she has threatened to sue Vh1 and demanded a retraction.

In the meantime, The No Scrubs singers prepares for their American Music Awards performance Sunday, marking their first performance at an awards show since the 2000 Grammys.

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