Carlson Law’s recent results for sports and entertainment clients include over $10 million of arbitration awards, settlements and judgments:

• $4.2 million arbitration award against Morgan Stanley for a former NFL player and a lottery winner who were sold investments in nightclubs not approved by the firm;
• $2.25 million settlement with a major Wall Street firm for a music producer who was sold several highly risky and unsuitable investments;
• $819,300 arbitration award against Morgan Stanley for a former NBA player and a former NFL player who were sold several highly risky investments;
• $600,000 settlement with a major Wall Street firm for a current NFL player who was sold highly risky and unsuitable investments;
• $404,000 judgment against a concert promoter for a former NFL player who invested in several concerts and was never returned his investment;
• $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;
• $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;
• $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;
• $125,000 settlement with a major Wall Street firm for a former MLB player who was charged excessive fees and sold unsuitable investments which lead to a portfolio significantly underperforming the relevant benchmarks;
• $120,000 settlement with a major Wall Street firm for a 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;
• $50,000 settlement with a major Wall Street firm for a former MLB player who was failed to warn of a prepayment penalty for loan against his investment portfolio.