Thursday September 28, 2023

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
Front Office Sports Today

Bucks Go All-In on Giannis Era

The Milwaukee Bucks altered the NBA by swinging a deal for Damian Lillard.
Listen Now
September 28, 2023 | Podcast
Copy Link
Link Copied
Link Copied

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.

Copy Link
Link Copied
Link Copied

What to Read

PGA Tour Receiving New Investor Interest Amid Saudi Deal

U.S. investors are reportedly wanting to get involved with the Tour.

Prime Effect: Colorado Athletics Sponsorship Revenue Up 42% This Season

The Coach Prime impact is hitting all areas of the athletic department.

Bay Area WNBA Expansion Latest Step In League Growth

A new team is reportedly coming to the Bay Area.

French Soccer Club Lyon Seeking $300M Capital Raise

The club was sold for a record price last French year.
podcast thumbnail mobile
Front Office Sports Today

Bucks Go All-In on Giannis Era


Featured Today


BioSteel Bankruptcy Shows Perils of Costly Sports Partnerships

BioSteel spent heavily on partnerships deals before bankruptcy.
Taylor Swift at Chiefs vs. Bears game.
September 27, 2023

Taylor Swift NFL Hype Likely To Continue Another Week

Swift could drive blockbuster TV ratings for NBC's "Sunday Night Football."
September 27, 2023

Lillard And Giannis Pairing Could Be Big For The NBA, Too

Bucks to be featured on national TV 19 times this season
September 27, 2023

Magic Johnson Open To Knicks Minority Ownership Stake

Basketball Hall of Famer only interested in specific NBA franchise


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations
Patrick Reed

Judge Dismisses Both of Patrick Reed’s Defamation Cases

A federal judge dismissed both of Patrick Reed’s defamation cases.
NFL concussions
September 27, 2023

The NFL’s $1B Battle Over Concussion Settlement Heats Up

The NFL is seeking at least $1.2 billion from its risk carriers.
Jacksonville Jaguars quarterback Trevor Lawrence is among the FTX endorsers who have reached a settlement for their roles in promoting the crypto exchange.
September 18, 2023

Trevor Lawrence Settles Lawsuit Over FTX Crypto Endorsement

Lawrence has settled while other FTX athlete endorsers still face lawsuits.
Lane Kiffin
September 15, 2023

Ole Miss Football Player Files $40M Lawsuit Against Lane Kiffin, School

Ole Miss coach Lane Kiffin is being sued by one of his players.
Senate Hearings
September 13, 2023

Senate Subpoenas Saudi Investment Fund Records in PGA Tour Inquiry

Senate hearing reveals deep concerns about the potential PGA Tour-LIV deal.
Jim Trotter
September 12, 2023

Reporter Jim Trotter Sues NFL, Alleges NFL Owner Made Racist Remark

Trotter alleged Terry Pegula made a "highly offensive and racist" remark.
Michael Irvin
August 31, 2023

Potential Trial in Michael Irvin’s Lawsuit Against Marriott Many Months Off

Irvin returned to the air this week as a contributor on FS1’s “Undisputed”.