NBA’s Dwyane Wade Hit With Antitrust Suit

Law360, New York (April 23, 2009, 12:00 AM EDT) -- National Basketball Association star Dwyane Wade violated antitrust provisions by pulling out of a deal to endorse a Florida chain of theme restaurants, D. Wade’s Place, essentially shutting down the chain’s ability to compete, according to a civil suit filed by the restaurants’ owners.

Plaintiff LH Equity Investments LLC, which owns the D. Wade’s Place chain, filed the complaint Wednesday seeking to recoup losses on the restaurants, which it claims were caused by Miami Heat star Wade’s decision to pursue more lucrative exclusive licensing agreements to...
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