Results

Carlson Law’s results for sports and entertainment clients include over $30 million of arbitration awards, settlements and judgments:

$9.5 million settlement with a major Wall Street firm for a former NFL player who was the victim of embezzlement and other mismanagement;
$4.2 million arbitration award against a major Wall Street firm for a former NFL player and a lottery winner who were sold investments in nightclubs not approved by the firm;
$3 million settlement with a major Wall Street firm for a Broadway choreographer/producer whose investment portfolios were mismanaged and underperformed substantially;
$2.8 million recovery for a former NBA player who made a private loan to a family and was not repaid;
$2.25 million settlement with a major Wall Street firm for a music producer who was sold several highly risky and unsuitable investments;
$1.3 million settlement with a major Wall Street firm for an actor and actress whose investment portfolios were mismanaged;
$1.25 million settlement with a major Wall Street firm for a former NFL player whose investment portfolios were mismanaged and underperformed substantially;
$1,000,000 settlement with a bank for a current NFL player whose business manager embezzled funds from his account;
$819,300 arbitration award against a major Wall Street firm for a former NBA player and a former NFL player who were sold several highly risky investments;
$674,000 settlement with a major life insurance company for a former NFL player who was fraudulently sold a whole life policy;
$600,000 settlement with a major Wall Street firm for a current NFL player who was sold highly risky and unsuitable investments;
$425,000 settlement with an insurance agent and two brokerage firms for a former NBA player who was sold unsuitable life insurance policies;
$404,000 judgment against a concert promoter for a former NFL player who invested in several concerts and never had his investment returned;
$360,000 settlement with a major Wall Street firm for a former NFL player who was sold a highly risky investment not approved by the firm;
$330,000 settlement with a securities firm for a former NBA player and several NFL players who invested in a Ponzi scheme;
$250,000 settlement with a major Wall Street firm for a former NBA player who was the victim of fraud;
$240,000 settlement with a major Wall Street firm for a current NBA player who was sold a risky unregistered security;
$240,000 settlement with a major Wall Street firm for a former NFL player who was sold promissory notes of a start-up sports agency and penny stock;
$200,000 settlement with an insurance company and its affiliated brokerage-dealer for a gamer and streamer who was sold unsuitable life insurance;
$190,000 settlement with an NFL agent for a current NFL player who was sold risky investments and overcharged in fees;
$152,505 judgment against a company and its CEO for a former NFL player who was defrauded in an investment;
$150,000 settlement with a major Wall Street firm for an NFL player who was recommended to participate in a risky start-up investment;
$142,000 settlement with an investment advisory firm for a current NFL player who was sold unsuitable private investments;
$125,000 settlement with a major Wall Street firm for a former MLB player who was charged excessive fees and sold unsuitable investments which led to a portfolio significantly underperforming the relevant benchmarks;
$125,000 settlement with a major insurance company for an NFL player who was sold an Indexed Universal Life insurance policy different than what was initially presented to him;
$120,000 settlement with a major Wall Street firm for an NFL player who was sold a highly risky and unsuitable investment;
$115,000 settlement with a company and its CEO for a former NBA player and former NFL player who were defrauded in an investment in a start-up company;
$107,500 settlement with a major Wall Street firm for a former NFL player who was sold investments in nightclubs;
$100,000 settlement with a major Wall Street firm for a former NFL player who was recommended an investment in a CBD company;
$90,000 settlement with an investment advisory firm for a former MLB player who was sold high-risk investments;
$50,000 settlement with a major Wall Street firm for a former MLB player who was not warned of a prepayment penalty on a loan against his investment portfolio.