While many attorneys can identify potential securities law violations and assert claims such as negligence or breach of fiduciary duty,...
Read MoreCarlson Law’s results for sports and entertainment clients include over $25 million of arbitration awards, settlements and judgments:
- $9.5 million settlement with a major Wall Street firm for a former NFL player who was the victim of embezzlement and other mismanagement;
- $4.2 million arbitration award against a major Wall Street firm for a former NFL player and a lottery winner who were sold investments in nightclubs not approved by the firm;
- $2.8 million recovery for a former NBA player who made a private loan to a family and was not repaid;
- $2.25 million settlement with a major Wall Street firm for a music producer who was sold several highly risky and unsuitable investments;
- $1.3 million settlement with a major Wall Street firm for an actor and actress whose investment portfolios were mismanaged;
- $1,000,000 settlement with a bank for a current NFL player whose business manager embezzled funds from his account;
- $819,300 arbitration award against a major Wall Street firm for a former NBA player and a former NFL player who were sold several highly risky investments;
- $674,000 settlement with a major life insurance company for a former NFL player who was fraudulently sold a whole life policy;
- $600,000 settlement with a major Wall Street firm for a current NFL player who was sold highly risky and unsuitable investments;
- $425,000 settlement with an insurance agent and two brokerage firms for a former NBA player who was sold unsuitable life insurance policies;
- $404,000 judgment against a concert promoter for a former NFL player who invested in several concerts and never had his investment returned;
- $360,000 settlement with a major Wall Street firm for a former NFL player who was sold a highly risky investment not approved by the firm;
- $330,000 settlement with a securities firm for a former NBA player and several NFL players who invested in a Ponzi scheme;
- $250,000 settlement with a major Wall Street firm for a former NBA player who was the victim of fraud;
- $240,000 settlement with a major Wall Street firm for a current NBA player who was sold a risky unregistered security;
- $240,000 settlement with a major Wall Street firm for a former NFL player who was sold promissory notes of a start-up sports agency and penny stock;
- $200,000 settlement with an insurance company and its affiliated brokerage-dealer for a gamer and streamer who was sold unsuitable life insurance;
- $190,000 settlement with an NFL agent for a current NFL player who was sold risky investments and overcharged in fees;
- $152,505 judgment against a company and its CEO for a former NFL player who was defrauded in an investment;
- $150,000 settlement with a major Wall Street firm for an NFL player who was recommended to participate in a risky start-up investment;
- $142,000 settlement with an investment advisory firm for a current NFL player who was sold unsuitable private investments;
- $125,000 settlement with a major Wall Street firm for a former MLB player who was charged excessive fees and sold unsuitable investments which led to a portfolio significantly underperforming the relevant benchmarks;
- $120,000 settlement with a major Wall Street firm for an NFL player who was sold a highly risky and unsuitable investment;
- $115,000 settlement with a company and its CEO for a former NBA player and former NFL player who were defrauded in an investment in a start-up company;
- $107,500 settlement with a major Wall Street firm for a former NFL player who was sold investments in nightclubs;
- $100,000 settlement with a major Wall Street firm for a former NFL player who was recommended an investment in a CBD company;
- $90,000 settlement with an investment advisory firm for a former MLB player who was sold high-risk investments;
- $50,000 settlement with a major Wall Street firm for a former MLB player who was not warned of a prepayment penalty on a loan against his investment portfolio.

