March 11, 2025
A New York federal judge has trimmed over $1 million from a disgorgement award the U.S. Securities and Exchange Commission sought in a long-running suit against a sports memorabilia merchant found liable at trial for ripping off investors, after a recalculation revealed that the company had already repaid some of its victims.
December 11, 2024
A New Jersey federal judge has ordered the U.S. Securities and Exchange Commission to recalculate its $23 million bid for disgorgement in a long-running suit against a sports memorabilia merchant found liable at trial last year for ripping off investors, in part by lying about the value of two contracts signed by baseball legend Jackie Robinson.
August 02, 2024
A New York federal judge has spurned the efforts of a collectibles entrepreneur convicted of fraud to get a new trial, saying notes the defendant believes would have swayed the outcome are not as important as he thinks and probably inadmissible.
December 14, 2023
A Manhattan federal jury promptly found fugitive collectibles entrepreneur Mykalai Kontilai and his company, Collectors Coffee Inc., liable Wednesday for looting a large chunk of $20 million that investors put into his failed sports-focused memorabilia and media business.
December 08, 2023
In this week's Off The Bench, the NCAA proposes opening the vaults, female athletes accuse the University of Oregon of unequal treatment, and a former college hockey player claims he was wrongly labeled as antisemitic. If you were on the sidelines over the past week, Law360 is here to clue you in on the biggest sports and betting stories that had our readers talking.
December 07, 2023
A onetime mistress of fugitive collectibles entrepreneur Mykalai Kontilai on Thursday told Manhattan jurors hearing securities regulators' $6 million fraud case against Kontilai that she once lugged a trash bag stuffed with cash through a Las Vegas hotel for him.
December 05, 2023
A Nevada man who raised $20 million from investors to launch a sports-focused collectibles and media empire misappropriated $6 million before fleeing the United States, securities regulators told a Manhattan federal jury Tuesday.
May 20, 2022
The Jackie Robinson Foundation on Thursday asked a New York federal judge to toss what it called baseless claims in a tangled legal battle over the baseball legend's color barrier-breaking player contracts.
November 18, 2021
An online sports memorabilia auctioneer muzzled investors in violation of U.S. Securities and Exchange Commission whistleblower protections, a New York federal judge said Wednesday, handing the SEC a partial win in its fraud case against the store and its fugitive CEO.
July 22, 2021
A New York federal judge held Wednesday that the U.S. Securities and Exchange Commission's whistleblower protection rule extends to shareholders, keeping alive the agency's claim that a sports memorabilia company illegally muzzled investors.