Showing posts with label Negligence. Show all posts
Showing posts with label Negligence. Show all posts

Monday, January 26, 2009

Michael Vick suing former financial advisor

Michael Vick, former NFL quarterback who is currently serving prison time, is suing his financial adviser Mary Roy Wong $2 million for fraud, breach of contract, breach of fiduciary duty, conversion and negligence.

Part of the suit alleges that:
Wong made a transfer of $650,000 from Vick’s bank account into that of Williams and Bullocks; put the $175,000 proceeds from another Vick investment into the company; and made a $200,000 transfer from an account for which Vick is a trustee, subjecting the account to penalties.

For more on the lawsuit, read here.



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