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WASHINGTON - The U.S. Supreme Court declined on Tuesday to hear a bid by imprisoned celebrity lawyer Michael Avenatti to overturn his conviction for defrauding a client and extorting athletic wear company Nike.Related stories
At the center of the Nike-related case was a threat, caught on an audio recording, that Avenatti made in 2019 to stain the athletic wear company's reputation and hurt its stock price by exposing its alleged corrupt payments to families of college basketball prospects. Avenatti was heard threatening to"blow the lid" on Nike at a press conference unless it paid up to $25 million for him to conduct a probe, plus $1.5 million to his client, youth basketball coach Gary Franklin.
For his part, Franklin testified that he did not want an investigation and merely wanted Nike to resume sponsoring his team.The Manhattan-based U.S. 2nd Circuit Court of Appeals in August 2023 rejected Avenatti's appeal of his convictions, prompting his appeal to the Supreme Court.
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