Michael Avenatti convicted of trying to extort Nike

Michael Avenatti convicted of trying to extort Nike

Michael Avenatti convicted of trying to extort Nike

"On this conviction alone, I'm just sort of roughing it out, he's looking at something in the range of at least three to five years in prison", Honig claimed.

Former Stormy Daniels lawyer Michael Avenatti was found guilty of all three counts related to his attempt to extort Nike, Friday.

The brash lawyer was all but unknown until two years ago when he began representing the adult film actress Stormy Daniels in lawsuits against US President Donald Trump and making hundreds of television appearances.

Prosecutors say the lawyer threatened to publicly accuse athletic apparel maker Nike of illicitly paying amateur basketball players unless the company paid him millions of dollars.

Prosecutors said he had more than $11 million in debts at the time.

Avenatti did not testify in the Nike case, after his judge said prosecutors could question him about his dealings with other clients, without mentioning the criminal charges. "While the defendant may have tried to hide behind legal terms and a suit and tie, the jury clearly saw the defendant's scheme for what it was - an old fashioned shakedown".

The case grew out of a series of meetings in March 2019 between Mr. Avenatti, Los Angeles attorney Mark Geragos and Nike representatives, including Nike's outside counsel from law firm Boies Schiller Flexner LLP. Trump has denied any such encounter took place. But past year his reputation was destroyed.

In 2018, the company ended its sponsorship of Franklin's program, the California Supreme. The lawyer sought $1.5 million for Franklin, as well.

Franklin testified that two Nike executives forced him to pay money to the mother of an elite high school basketball player's mother and to pass along payments to the handlers of other players while doctoring paperwork to hide the goal of the funds.

Avenatti glared at the jurors as the verdict was being announced but said nothing. He looked straight ahead with a sad expression.

"The verdict speaks volumes", Nike said in a statement today.

He faces additional criminal charges in the Southern District of NY for stealing the book advance on Daniels' memoir.

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