Lessons From NFL Player's Case Against Financial Adviser

Law360, New York (June 24, 2016, 10:59 AM EDT) -- David J. Lisko

Philippa J. Balestrieri On June 17, 2016, the National Football League Players Association alerted every one of its members to the fact that NFL running back Darren McFadden had filed suit against his former manager and financial adviser, Michael Eugene Vick, and unnamed co-defendants 1-10 for Vick's alleged misappropriation of $15 million of McFadden's money. Vick is not, and never has been, registered with the NFLPA as a certified financial adviser.

In the complaint, McFadden, the University of Arkansas great and the fourth overall pick by the Oakland Raiders in the 2008 NFL Draft, alleges that he and...

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