(Michael Avenatti, agreed to give up control of his law firm Wednesday to settle a dispute with a former partner. (AP Photo/Julio Cortez, File)
March 25, 2019
Michael Avenatti, porn star Stormy Daniels’ former lawyer who briefly considered a bid for president, is set to be charged Monday for allegedly trying to extort Nike for $15-$25 million, officials at the U.S. District Court for the Southern District of New York said.
Avenatti, who was taken into custody Monday, allegedly tried to extort the massive sports apparel company for more than $20 million in payments “by threatening to use his ability to garner publicity to inflict substantial financial and reputational harm on the company if his demands were not met,” prosecutors alleged.
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