December 14, 2023
A Manhattan federal jury promptly found fugitive collectibles entrepreneur Mykalai Kontilai and his company, Collectors Coffee Inc., liable Wednesday for looting a large chunk of $20 million that investors put into his failed sports-focused memorabilia and media business.
December 08, 2023
In this week's Off The Bench, the NCAA proposes opening the vaults, female athletes accuse the University of Oregon of unequal treatment, and a former college hockey player claims he was wrongly labeled as antisemitic. If you were on the sidelines over the past week, Law360 is here to clue you in on the biggest sports and betting stories that had our readers talking.
December 07, 2023
A onetime mistress of fugitive collectibles entrepreneur Mykalai Kontilai on Thursday told Manhattan jurors hearing securities regulators' $6 million fraud case against Kontilai that she once lugged a trash bag stuffed with cash through a Las Vegas hotel for him.
December 05, 2023
A Nevada man who raised $20 million from investors to launch a sports-focused collectibles and media empire misappropriated $6 million before fleeing the United States, securities regulators told a Manhattan federal jury Tuesday.
May 20, 2022
The Jackie Robinson Foundation on Thursday asked a New York federal judge to toss what it called baseless claims in a tangled legal battle over the baseball legend's color barrier-breaking player contracts.
November 18, 2021
An online sports memorabilia auctioneer muzzled investors in violation of U.S. Securities and Exchange Commission whistleblower protections, a New York federal judge said Wednesday, handing the SEC a partial win in its fraud case against the store and its fugitive CEO.
July 22, 2021
A New York federal judge held Wednesday that the U.S. Securities and Exchange Commission's whistleblower protection rule extends to shareholders, keeping alive the agency's claim that a sports memorabilia company illegally muzzled investors.
February 11, 2021
The U.S. Securities and Exchange Commission urged a New York federal court on Thursday to reject an attempt by the fugitive CEO of a sports memorabilia company to depose the agency's attorneys as part of a fraud suit, decrying "straw-man" arguments he and his company made opposing a magistrate judge's order.
December 09, 2020
A New York federal judge on Wednesday recused herself from a securities fraud suit brought by the U.S. Securities and Exchange Commission, saying that while her two decades as a partner at Debevoise & Plimpton LLP do not pose any conflict right now, they may in the future.
December 04, 2020
A New York federal judge got it right when he refused to bow out from a securities fraud case because he worked for Debevoise & Plimpton LLP during the 1980s, as the head of a memorabilia auction company waited too long to make the unwarranted request, the U.S. Securities and Exchange Commission argued.