Shaq Is Finally Served in FTX Lawsuit After Avoiding Lawyers for Months
Process servers finally found Shaq hiding in plain sight at the Heat-Celtics game.
NBA Hall of Famer and TNT analyst Shaquille O’Neal was served process papers related to a class-action suit on Tuesday during the Miami Heat-Boston Celtics playoff game in Miami, according to multiple reports, after successfully avoiding process servers for months.
According to a lawyer representing the FTX investors who spoke to the Wall Street Journal, a process server bought a ticket to Game 4 of the Eastern Conference Finals to try to deliver the papers again. O’Neal, who was providing commentary for TNT from a platform in the arena, had been previously served in April, the Journal reported, though he has been disputing the validity of it in court.
In an interview with The Block in April, Moskowitz said that O'Neal was served in the case outside his Atlanta home after a three-month chase. O'Neal contested it, claiming that process servers tossed papers at his moving car, and that he had to be served again for the case to proceed.
- Shaquille O’Neal Dodges Process Servers in FTX Cryptocurrency Lawsuit
- What’s next for FTX and SBF? Regulators, lawsuits and an unraveling of the company’s Gordian knot.
- Crypto Super Bowl commercials dominated last year’s game. This year, they’re absent.
- Sam Bankman-Fried’s donations may have been tens of millions more than we thought
- Even after the FTX scandal, Washington is bamboozled over how to regulate crypto
According to MarketWatch, lawyers even tried to serve O’Neal via Twitter DMs, but a judge overlooking the case denied the motion.
During Tuesday's game -- played at the former FTX Arena -- "the process server filmed the event to ensure there was no ambiguity like Shaq has been arguing in the FTX case," Moskowitz told People. The process server was reportedly “kicked out” of the arena at O'Neal's direction after serving the papers.
The complaint is in connection to a class-action lawsuit filed against FTX, the failed cryptocurrency exchange, which O’Neal and other athletes, including Tom Brady and Stephen Curry, promoted in commercials. It follows the arrest of FTX founder Sam Bankman-Fried, who is facing charges of wire fraud, securities fraud and money laundering, among others.
After FTX filed for bankruptcy, O'Neal tried to distance himself from the company. "A lot of people think I'm involved, but I was just a paid spokesperson for a commercial," O'Neal told CNBC in December.
Moskowitz told People that the first complaint regarding O'Neal's commercials for FTX has been pending since November 2022 in Miami Federal Court.
According to Moskowitz, in addition to the original class-action lawsuit, O'Neal was also served in a new lawsuit over the Astrals Project, an NFT venture that O'Neal's son founded. Filed Tuesday by Moskowitz in U.S. District Court in Florida, the new lawsuit alleges O'Neal was "violating federal securities laws" by selling unregistered securities.
“These claims now are very serious and thus it is good that we can start with the merits, instead of the silly service sideshow Mr. O’Neal unfortunately created,” Moskowitz added.
You are now signed up for our newsletter.
- Indian Official Who Drained Reservoir to Retrieve Phone Claims He Had PermissionNews
- Murdered Cash App Founder Bob Lee ‘Threw Money Around Like Confetti,’ Says Party Scene Pal (Exclusive)News
- eBay Founder Donates to Defund the Police Causes While Investing Millions in Private Security Start-upNews
- Russia’s Largest Drone Strike on Kyiv Lasted Over Five Hours, Official SaysNews
- British Military Used Shock ‘Treatment’ on Gay Soldiers: ReportNews
- Boston Celtics’ Derrick White Hits Buzzer-Beater to Force Game 7 in Eastern Conference FinalsNews
- At Least 3 Dead, Others Injured in Shootout at Massive New Mexico Motorcycle RallyNews
- Elon Musk Yanks Twitter Out of EU Pact Aimed at Tackling Online DisinformationNews
- Judge Rules School District Can Bar Student From Wearing US/Mexican Flag Sash at GraduationNews
- Man Rails against Possible Short Sentence for Priest He Accuses of Molesting Him as a BoyNews
- Pink Floyd’s Roger Waters Says Nazi-Reminiscent Costume at Berlin Show Was ‘Clearly’ Anti-Fascist StatementNews
- ‘Malibu Sniper’ Convicted of Killing Dad Camping with DaughtersNews