December 21, 2024 20:09 PM

Tyson Sues Live Nation: Former Boxing Champion Claims Embezzlement Lost Him Millions

With Donald Trump suing people left and right and Taylor Swift getting hit with yet another lawsuit, why shouldn't former "Baddest Man in the World," Mike Tyson, be able to join in on the fun?

Well, that is exactly what Tyson has done.

CBS News reports that Tyson sued a financial services firm owned by Live Nation Entertainment on Wednesday, claiming one of its advisers embezzled more than $300,000 from the former heavyweight champ and cost him millions more in lost earnings.

The lawsuit claims that Live Nation and its company SFX Financial Advisory Management Enterprises haven't given the boxer and his wife, Lakiha, a full accounting of their losses. The company returned some of the embezzled money but wanted the Tysons to sign a nondisclosure agreement, which they refused, the suit states, according to Huffington Post.

The lawsuit seeks more than $5 million in damages for breach of fiduciary duty, negligent hiring, unjust enrichment and other claims, stated CBS News.

A spokeswoman for Live Nation Entertainment Inc. said the company had not been served with the lawsuit and could not comment on it, according to Huffington Post.

The lawsuit seeks more than $5 million in damages for breach of fiduciary duty, negligent hiring, unjust enrichment and other claims, reported CBS News.

A spokeswoman for Live Nation Entertainment Inc. said the company had not been served with the lawsuit and could not comment on it, according to Huffington Post.

As for Tyson, he has come a long way from bitting Evander Hollyfield's ear off, while in the ring and is passed that guy who was sent to jain for rape in 1992.

The former boxing champion has broadened his career in recent years. He appeared in "The Hangover" and is leading a one-man autobiographical show, "Undisputed Truth."

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