Former New York Yankees shortstop Derek Jeter will have to defend against allegations that he defrauded luxury underwear maker RevolutionWear Inc.
The Delaware Chancery Court’s ruling came Tuesday on Jeter’s motion to dismiss RevolutionWear’s counterclaims for fraud and breaches of contract and fiduciary duty. Jeter, the company alleges, fraudulently induced RevolutionWear to bring him on board with a 15 percent ownership stake by hiding obligations under his promotional contract with sports apparel giant Nike Inc..
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
