They Got Their Man! Shaq Finally Served Papers in FTX Lawsuit
Like a game of hide and go seek, the player was finally found!
During a recent NBA playoff game, former Los Angles Lakers legend, Shaquille O’Neal was finally served in a lawsuit that investors have filed against failed cryptocurrency company, FTX. It’s actually ironic that Shaq was given the papers at Miami’s Kaseya Center. Before the company went bankrupt, it was named the FTX Arena.
According to People, at Tuesday’s playoff game between the Boston Celtics and the Miami Heat, Shaq was served with papers related to the FTX lawsuit that ensnared Steph Curry, Tom Brady, and other celebrities. The towering TNT analyst was served with two complaints, according to the attorney, Adam Moskowitz who has filed the lawsuit for the investors against Shaq and others.
He confirmed that Shaq was given the complaints while he was still on the basketball court.
“The process server filmed the event to ensure there was no ambiguity like Shaq has been arguing in the FTX case,” Moskowitz tells People. He then stated that Shaq had the process server “kicked out” after he completed the task.
The attorney said that the first complaint, which has been pending since November 2022 and relates to the commercials Shaq recorded for FTX before the company folded. The second complaint accuses Shaq of “violating federal securities laws” after the NBA Hall of Famer and his son, Myles O’Neal, founded their company ASTRALS.
Moskowitz is representing investors who poured money into FTX and the O’Neals’ NFT venture, ASTRALS. The lawsuit claims that they were selling “unregistered securities” and O’Neal did not follow through on his promise to “always be around,” following the FTX lawsuit.
Moskowitz also said, “These claims now are very serious and thus it is good that we can start with the merits, instead of the silly service sideshow Mr. O’Neal unfortunately created.”
Earlier this month, according to lawyers representing O’Neal, he was never properly served, and because of this, the claims against the NBA Hall of Famer should be dismissed. Business Insider reported that in a recent court filing, Shaq’s attorneys said the legal paperwork was “tossed” in front of Shaq’s car as he drove away from his Georgia residence. They also claim the documents were left “on the road where they landed.”
“Mr. O’Neal has not evaded service by failing to be at the residences where plaintiffs belatedly attempted service or by driving past strangers who approached his car.”
Earlier this year, The New York Post reported that Shaq was successfully avoiding being served the legal documents from the lawsuit. O’Neal is among several celebrities named in the case filed in December based on their involvement with the bankrupted cryptocurrency company FTX. Other stars, like NBA champion Stephen Curry, and NFL champion, Tom Brady, were also named in the lawsuit filed by an investor in the company, Edwin Garri.
The company, previously the second-largest cryptocurrency exchange behind Binance, filed for bankruptcy in November.
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