{"id":1750,"date":"2015-11-27T20:28:06","date_gmt":"2015-11-27T20:28:06","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2015\/11\/dwight"},"modified":"2022-03-22T14:29:10","modified_gmt":"2022-03-22T19:29:10","slug":"dwight","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/dwight\/","title":{"rendered":"NFL Linebacker Dwight Freeney is Allowed to Move Forward with Securities Fraud Lawsuit Against Bank of America"},"content":{"rendered":"

\t\t\t\tDwight Freeney, the linebacker for the Arizona Cardinals will be able to move forward with his securities fraud case naming Bank of America Corp. (BAC)<\/a>. According to the National Football League player, the bank was complicit in a scam that compelled him to lose over $20M and force his restaurant to shut down. Bank of America had recruited Freeney in 2010 because they wanted to manage his assets. <\/p>\n

Its Merrill Lynch unit had tried to have the misrepresentations and fraud claims against it dismissed. Frenzy, however, contends that the head of his financial advisory team at the bank arranged for now ex-bank employee Eva Weinberg, to act as the football player’s main liaison with Bank of America. The bank also referred Freeney to Michael Stern, who was Weinberg’s “paramour.” Stern purportedly used a fake name and already had a record for fraud, forgery, and theft. He was to advise the NFL star financially.<\/p>\n

Freeney and his company Roof Group say that the bank and its adviser Michael Bock aided and abetted the scam that bilked his accounts of over $8.5million. He says he lost over $20 million because of the fraud. He believes that Bank of America and Bock were negligent in that they did not protect him from the financial scam, which he says began in 2010 when Weinberg still worked at Merrill Lynch. Freeney also believes that Bank of America and Bock fraudulently induced him into signing with the firm by keeping information from him that could have prevented him from getting sucked into the scam.
\n Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dwight Freeney, the linebacker for the Arizona Cardinals will be able to move forward with his securities fraud case naming Bank of America Corp. (BAC). According to the National Football League player, the bank was complicit in a scam that compelled him to lose over $20M and force his restaurant to shut down. Bank of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3741],"tags":[],"class_list":["post-1750","post","type-post","status-publish","format-standard","hentry","category-securities-fraud"],"yoast_head":"\nNFL Linebacker Dwight Freeney is Allowed to Move Forward with Securities Fraud Lawsuit Against Bank of America — Investor Lawyers Blog — November 27, 2015<\/title>\n<meta name=\"description\" content=\"Dwight Freeney, the linebacker for the Arizona Cardinals will be able to move forward with his securities fraud case naming Bank of America Corp. 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