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'You've been served': Lawyers catch up with Shaq in FTX lawsuit

1 year 1 week 3 days ago Monday, April 17 2023 Apr 17, 2023 April 17, 2023 12:51 PM April 17, 2023 in News
Source: WBRZ

BATON ROUGE - After months of failed efforts, attorneys representing a group suing Shaquille O'Neal and other celebrity endorsers of the now-bankrupt FTX crypto platform have served the basketball superstar with legal papers.

The Moskowitz Law Firm announced its success on Sunday evening.

The firm represents thousands of people who lost money in the collapse of FTX, which has led to criminal counts against the company and its executives.

O'Neal, in an interview late last year, said he has no involvement in FTX beyond his role as a paid spokesman.

Others targeted in the lawsuit include Tom Brady, Stephen Curry, Trevor Lawrence and Shohei Ohtani. The plaintiffs allege that those named in the suit aided in "(taking) advantage of unsophisticated investors from across the country" via a Ponzi scheme that ultimately collapsed.

FTX filed for bankruptcy last year.

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