RSS   Newsletter   Contact   Advertise with us

Michael Avenatti convicted of trying to extort Nike out of $38.8m

Christian Fernsby ▼ | February 15, 2020
Michael Avenatti, the lawyer who gained fame by representing porn star Stormy Daniels in lawsuits involving U.S. President Donald Trump, was convicted yesterday of trying to extort Nike.
Michael Avenatti
American lawyer   Michael Avenatti
The verdict was returned by a federal jury in Manhattan following a three-week trial in which prosecutors said Avenatti threatened to use his media access to hurt Nike's reputation and stock price unless the company paid him up to US$25 million (NZ$38.8m).

Topics: Michael Avenatti Nike

The convictions for attempted extortion and honest services fraud carry a combined potential penalty of 42 years in prison.

Afterward, he shook hands with his lawyers and told them "great job" before he was led back to the cell where he has been held since a judge found he had violated his bail conditions.

His lawyer, Scott Srebnick, said he would appeal the conviction. A judge set sentencing for June.