Avenatti Googled ‘Insider Trading’ Before Nike Meeting

(Bloomberg) — Celebrity attorney Michael Avenatti did internet research on put options and insider trading before trying to extort millions of dollars from Nike Inc., federal prosecutors told a judge.Lawyers for the government on Monday told U.S. District Judge Paul Gardephe in Manhattan that they intend to show Avenatti’s search history to jurors at a two-week trial getting underway this week, calling it evidence of the California attorney’s state of mind during the alleged crime. At the time, Avenatti was representing a youth basketball coach with claims against Nike.Gardephe barred prosecutors from mentioning the search terms in their opening statement …read more

Source:: Yahoo Finance

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