Michael Avenatti Michael  Avenatti  charged  with  trying  to  extort  Nike  for $20  million

Michael Avenatti Michael Avenatti charged with trying to extort Nike for $20 million

Michael Avenatti

Details are questionable at this point, however The New York Times reports federal prosecutors in New York have actually charged lawyer Michael Avenatti, the legal representative who represented Stormy Daniels, with attempting to force Nike to pay him $20 million by threatening to damage the business’s track record on his social media accounts.

From The New York Times:

In court documents filed Monday, prosecutors in the United States District for the Southern District of New York stated that Avenatti and a client, a previous A.A.U. basketball coach, stated they had evidence that Nike workers had funneled cash to recruits in exchange for their commitments to college teams sponsored by Nike and that they would release them in order to damage Nike’s track record and market capitalization unless Nike paid them at least $22.5 million.

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