Shaquille O’Neal Served with Two Complaints During NBA Broadcast
Shaquille O’Neal, former NBA player and current TNT analyst, was served with two complaints during Tuesday night’s game between the Miami Heat and Boston Celtics. The first complaint, which has been pending since November 2022 in Miami Federal Court, regards O’Neal’s commercials for FTX. The second complaint accuses O’Neal of violating federal securities laws after he and his son founded their company ASTRALS. The attorney representing investors for FTX and ASTRALS claims that the company was selling « unregistered securities, » and O’Neal failed to follow through on his promise to « always be around » following the FTX lawsuit.
The process server who served O’Neal filmed the interaction to eliminate any ambiguity, as O’Neal has been dodging servers for months. According to the attorney, O’Neal had the process server « kicked out » of the venue after being served. The attorney also stated that the claims against O’Neal are now « very serious, » and the process server had to go to great lengths to serve him.
O’Neal has become one of the most prominent commercial spokespersons in the U.S. since retiring from the NBA in 2011. He appeared in several commercials and advertisement campaigns for FTX, but in recent months, he has tried to distance himself from the company. The FTX lawsuit names several other celebrities, including Tom Brady, Gisele Bündchen, Steph Curry, Naomi Osaka, and Larry David. The investors claim that the use of celebrity endorsements duped them into investing in the now-bankrupt FTX crypto exchange.
FTX Lawsuit: Shaquille O’Neal Served with Two Complaints
Former NBA player and current TNT analyst Shaquille O’Neal was served with two complaints during Tuesday night’s game between the Miami Heat and Boston Celtics. The first complaint regards O’Neal’s commercials for FTX, which has been pending since November 2022 in Miami Federal Court. The second complaint accuses O’Neal of violating federal securities laws after he and his son founded their company ASTRALS. The attorney representing investors for FTX and ASTRALS claims that the company was selling « unregistered securities, » and O’Neal failed to follow through on his promise to « always be around » following the FTX lawsuit.
The process server who served O’Neal filmed the interaction to eliminate any ambiguity, as O’Neal has been dodging servers for months. According to the attorney, O’Neal had the process server « kicked out » of the venue after being served. The attorney also stated that the claims against O’Neal are now « very serious, » and the process server had to go to great lengths to serve him.
The FTX lawsuit names several other celebrities, including Tom Brady, Gisele Bündchen, Steph Curry, Naomi Osaka, and Larry David. The investors claim that the use of celebrity endorsements duped them into investing in the now-bankrupt FTX crypto exchange. O’Neal has become one of the most prominent commercial spokespersons in the U.S. since retiring from the NBA in 2011. He appeared in several commercials and advertisement campaigns for FTX, but in recent months, he has tried to distance himself from the company.
Shaquille O’Neal Served with Two Complaints During NBA Broadcast
Shaquille O’Neal, former NBA player and current TNT analyst, was served with two complaints during Tuesday night’s game between the Miami Heat and Boston Celtics. The first complaint regards O’Neal’s commercials for FTX, which has been pending since November 2022 in Miami Federal Court. The second complaint accuses O’Neal of violating federal securities laws after he and his son founded their company ASTRALS.
The process server who served O’Neal filmed the interaction to eliminate any ambiguity, as O’Neal has been dodging servers for months. According to the attorney, O’Neal had the process server « kicked out » of the venue after being served. The attorney also stated that the claims against O’Neal are now « very serious, » and the process server had to go to great lengths to serve him.
The FTX lawsuit names several other celebrities, including Tom Brady, Gisele Bündchen, Steph Curry, Naomi Osaka, and Larry David. The investors claim that the use of celebrity endorsements duped them into investing in the now-bankrupt FTX crypto exchange. O’Neal has become one of the most prominent commercial spokespersons in the U.S. since retiring from the NBA in 2011. He appeared in several commercials and advertisement campaigns for FTX, but in recent months, he has tried to distance himself from the company.
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