Kwame Brown Suing Merrill Lynch

 
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Aeneas Hunter
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PostPosted: Sat May 12, 2018 7:14 pm    Post subject: Kwame Brown Suing Merrill Lynch

https://www.bloomberg.com/news/articles/2018-05-11/former-nba-player-kwame-brown-accuses-merrill-lynch-of-fraud

I tend to be skeptical of lawsuits by athletes against financial advisors. A lot of times, the athletes are looking for someone to pay them for their own stupidity. However, I am intrigued by the allegations that his signature was forged and that there is no money left at all.
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22
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PostPosted: Sat May 12, 2018 7:19 pm    Post subject:

Yeah I tend to believe him . Yeesh 17.4 million is a lot to lose out on
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PostPosted: Sat May 12, 2018 7:29 pm    Post subject: Re: Kwame Brown Suing Merrill Lynch

Aeneas Hunter wrote:
However, I am intrigued by the allegations that his signature was forged and that there is no money left at all.


That does suggest something shifty is going on.
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PostPosted: Sun May 13, 2018 5:36 am    Post subject:

22 wrote:
Yeah I tend to believe him . Yeesh 17.4 million is a lot to lose out on


Still nothing compared to the 58.4 million Kwame Brown stole from his NBA employers.
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PostPosted: Sun May 13, 2018 7:46 am    Post subject:

Well this is interesting if it opens a can of worms.
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Omar Little
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PostPosted: Sun May 13, 2018 10:28 am    Post subject: Re: Kwame Brown Suing Merrill Lynch

Aeneas Hunter wrote:
https://www.bloomberg.com/news/articles/2018-05-11/former-nba-player-kwame-brown-accuses-merrill-lynch-of-fraud

I tend to be skeptical of lawsuits by athletes against financial advisors. A lot of times, the athletes are looking for someone to pay them for their own stupidity. However, I am intrigued by the allegations that his signature was forged and that there is no money left at all.


I think a lot of the time, unsophisticated new money is looking for someone to make up for their ignorance, and there are a lot of shady dudes waiting to take advantage.
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K2
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PostPosted: Sun May 13, 2018 3:46 pm    Post subject:

Basketball Fan wrote:
Well this is interesting if it opens a can of worms.


Yeah, something tells me this is not going to be a piece of cake.
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