Disgraced lawyer Michael Avenatti found guilty in Nike extortion trial [View all]
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Source: CNBC
Disgraced lawyer Michael Avenatti was convicted Friday by a jury of all three charges related to his efforts to extort up to $25 million from athletic apparel giant Nike, in what a top prosecutor called "and old fashioned shakedown."
The verdict in U.S. District Court in Manhattan came two years after Avenatti gained widespread notoriety for his representation of porn star Stormy Daniels in her legal disputes with President Donald Trump.
Avenatti, who briefly flirted with running for the Democratic presidential nomination, faces two other pending federal criminal cases this spring related to alleged thefts from clients, including Daniels, and other charges.
The 48-year-old attorney was accused in the Nike case of trying to shake down the publicly traded company by threatening to go public with alleged evidence that the company had bribed amateur basketball players and their families unless Nike paid him millions of dollars.
Read more: https://www.google.com/amp/s/www.cnbc.com/amp/2020/02/14/disgraced-lawyer-michael-avenatti-found-guilty-in-nike-extortion-trial.html
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