World News
Mike Tyson sues financial advisors for embezzling over $300,000
<![CDATA[]]>
<![CDATA[
“Defendants did not secure, protect, safeguard and appropriately apply the Tysons’ finances for their intended purposes, but instead misappropriated said funds for the benefit and enrichment of SFX/Live Nation.”Tyson is seeking “more than $5 million in damages for breach of fiduciary duty, negligent hiring, unjust enrichment and other claims,” according to The Huffington Post. A Live Nation Entertainment Inc representative states the company can not comment on the suit until they are served with the papers. Tyson has reinvented his career since Tyson proclaimed he wanted to move on with his life following his embarrassing defeat in this final bout no June 11th, 2005 to Kevin McBride. He has starred in record-breaking The Hangover series and on February 28th will begin a 3-night one man show about his life since the 1980s called Mike Tyson: Undisputed Truth. Directed by Spike Lee, the show will be at the Orpheum Theatre in New York City. Check below for a video of Mike Tyson speaking on his rocky relationship with Don King: