Wednesday, March 27, 2019

Michael Avenatti Facing Up to 100 Years in Prison Over Nike Extortion Scheme

Michael Avenatti, the lawyer best known for representing adult film star Stormy Daniels in her lawsuit against President Donald Trump, has been arrested for trying to extort $20 million from Nike. This news comes moments after Avenatti took to Twitter to announce that he would be holding a press conference on March 26 to unearth details of a widespread scandal involving Nike and "some of the biggest names in college basketball." According to CNN reporter Erica Orden, the United States District Court for the Southern District of New York has charged the lawyer for "attempting to extract more than $20M in payments from a publicly traded company by threatening to use his ability to garner publicity to inflict substantial financial & reputational harm on the company if his demands were not met."