• Loading stock data...
Thursday, November 21, 2024
Law

Shaq Finally Served As FTX Fallout Continues

  • A Miami-based law firm says Hall of Famer “running from us for three months.”
  • Shaq, Tom Brady, and Steph Curry were named as defendants in a class-action lawsuit filed against FTX.
Shaquille O'Neal was served court papers in FTX case.
Darren Yamashita-USA TODAY Sports

NBA legend Shaquille O’Neal has finally been tracked down by a Florida law firm representing thousands of investors in a lawsuit against the collapsed crypto exchange FTX. 

The Miami-based Moskowitz Law Firm tweeted that O’Neal had been “running from us for three months” as lawyers tried to serve legal papers to the “NBA on TNT” analyst for his role in promoting FTX. The firm said lawyers stood outside TNT’s Atlanta studios all week hoping to hand their legal complaint to Shaq, but security didn’t allow them in the building. 

On Sunday, the firm said it served legal papers to him outside his house, an encounter captured on video surveillance cameras. 

“We made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit,” the law firm tweeted. 

Moskowitz said O’Neal was the only FTX celebrity endorser evading them and “all other FTX celebrities have agreed to receive their complaints.” 

Shaq, Tom Brady, and Steph Curry were named as defendants in a class-action lawsuit filed against FTX in Florida last November claiming U.S. consumers sustained over $1 billion in damages from the collapse. 

A video uploaded in June 2022 to FTX’s Twitter account introduced Shaq as the company’s newest partner. O’Neal helped promote FTX despite telling CNBC that he didn’t understand cryptocurrency.

Shaq told FOS in 2021 that he tried to avoid crypto partnerships.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

From WWE to Washington: Linda McMahon Is Trump’s Pick for Education Secretary

McMahon was the president and CEO of WWE for nearly 30 years.

Roki Sasaki Pursuit Could Lead to Chaos in 2025 International Class

Big league clubs may redirect bonus pool money to chase the Japanese phenom.

Comcast’s SpinCo: New Home for USA Network, Golf Channel, Sports Rights

The move by NBC Sports’ parent company reflects how dramatically the linear television business has changed.
podcast thumbnail mobile
Front Office Sports Today

Who Can Actually Afford Juan Soto?

0:00

Featured Today

Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
Jul 8, 2021; Phoenix, Arizona, USA; Phoenix Suns owner Robert Sarver reacts during the second half in game two of the 2021 NBA Finals at Phoenix Suns Arena. Mandatory Credit:

Former Suns Employee Sues Team Over Wrongful Termination, Retaliation

Andrea Trischan was the team’s former DEI program manager.
Brett Favre and Donald Trump
November 7, 2024

What Donald Trump’s Win Means for Welfare Probe, Brett Favre

Favre spoke at Trump’s rally last week in Green Bay, Wis.
November 8, 2024

Michael Jordan’s Team Loses Bid for Temporary Injunction Against NASCAR

The teams can still compete, but will miss out on certain guarantees.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
October 25, 2024

Everything You Need to Know About the Kawhi Leonard Lawsuit

A longtime trainer of Leonard’s is suing the Clippers for wrongful termination.
Oct 22, 2024; Los Angeles, California, USA; Los Angeles Lakers guard Bronny James (9) and forward LeBron James (23) warm up before a game against the Minnesota Timberwolves at Crypto.com Arena.
October 24, 2024

LeBron and Bronny James Target of Lawsuit Over 2022 Car Crash

They made history Tuesday as the NBA’s first father-son teammates.
Apr 3, 2022; Arlington, TX, USA; WWE owner Vince McMahon enters the arena during WrestleMania at AT&T Stadium.
October 23, 2024

Former WWE ‘Ring Boys’ Allege Vince McMahon ‘Allowed’ Sexual Abuse

The suit claims the WWE and the McMahons “failed these boys.”
Former UFC fighter Cung Le
October 23, 2024

Judge Allows Reworked $375 Million Settlement for UFC Fighters to Move Forward 

Hundreds of fighters could start to see six-figure payouts next year.