Mike Tyson Takes Jab At Financial Adviser With $5M Fraud Suit

Law360, Los Angeles (February 20, 2013, 10:52 PM EST) -- Former heavyweight boxing champion Mike Tyson sued Live Nation Entertainment Inc. and subsidiary SFX Financial Advisory Management Enterprises Inc. in California court Wednesday, claiming a financial adviser assigned by SFX caused Tyson and his wife more than $5 million in damages through embezzlement and false advice.

The Tysons claim that Brian Ourand, a senior executive and vice president at SFX, stole and embezzled more than $300,000 from the couple, and that his false financial advice caused them $5 million in damages. The Tysons also say SFX's...
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