Ex-NBA Player Sues Basketball Legend's Son in Alleged Sports Scam
Former NBA player Sedric Toney has sued Moses Malone Jr. in a Houston state district court for fraud, alleging the son of basketball legend Moses Malone…
October 11, 2017 at 02:09 PM
5 minute read
Former NBA player Sedric Toney has sued Moses Malone Jr. in a Houston state district court for fraud, alleging the son of basketball legend Moses Malone scammed him out of more than $100,000 in sports memorabilia deals.
According to the recent petition, Toney, who was drafted by the Atlanta Hawks in 1985 and played in the NBA until 1994, alleges that Malone Jr. took advantage of the numerous relationships Toney had with influential and popular basketball icons.
The lawsuit also alleges that Malone Jr., who lives in Houston, “is a businessman who leverages the goodwill built by his father — former basketball and hall-of-fame member, Moses Malone — to conduct a scam involving sports memorabilia of former professional athletes.”
Toney alleges Malone Jr. engaged him as a business partner in sports memorabilia transactions, offering him one-third of the gross profits through any transactions that Toney originated.
After Toney allegedly facilitated numerous deals between Malone Jr. and several other former NBA players including Jo White, Walt Bellamy and Allen Iverson, Malone Jr. refused to pay Toney, according to the lawsuit.
“Instead, Malone Jr. lied to Toney regarding the amounts of the transactions and whether or not he had successfully reached a deal with the individuals whom Toney referred,” the petition alleges.
Andrew Cobos, an attorney with Houston's The Buzbee Firm who represents Toney, notes that this is not the first time Malone Jr. has been sued by a former NBA player over allegations that he failed to deliver on a sports memorabilia deal. In August, Cobos won a $45,000 judgement against Malone Jr. in another Houston state district court after he failed to pay former Dallas Maverick and Seattle Supersonics shooting guard Dale Ellis for nine of his game-worn jerseys.
“Sedric Toney performed under the agreement, but Moses Malone Jr. did not,'' Cobos said. “It's not just that Moses Malone didn't pay Sedric. It's that Moses didn't tell him about deals that he was making that Sedric had set up or he was understating the value of those deals.”
George Farah, a Houston attorney who represents Malone Jr., did not return a call for comment.
Former NBA player Sedric Toney has sued Moses Malone Jr. in a Houston state district court for fraud, alleging the son of basketball legend Moses Malone scammed him out of more than $100,000 in sports memorabilia deals.
According to the recent petition, Toney, who was drafted by the Atlanta Hawks in 1985 and played in the NBA until 1994, alleges that Malone Jr. took advantage of the numerous relationships Toney had with influential and popular basketball icons.
The lawsuit also alleges that Malone Jr., who lives in Houston, “is a businessman who leverages the goodwill built by his father — former basketball and hall-of-fame member, Moses Malone — to conduct a scam involving sports memorabilia of former professional athletes.”
Toney alleges Malone Jr. engaged him as a business partner in sports memorabilia transactions, offering him one-third of the gross profits through any transactions that Toney originated.
After Toney allegedly facilitated numerous deals between Malone Jr. and several other former NBA players including Jo White, Walt Bellamy and Allen Iverson, Malone Jr. refused to pay Toney, according to the lawsuit.
“Instead, Malone Jr. lied to Toney regarding the amounts of the transactions and whether or not he had successfully reached a deal with the individuals whom Toney referred,” the petition alleges.
Andrew Cobos, an attorney with Houston's The Buzbee Firm who represents Toney, notes that this is not the first time Malone Jr. has been sued by a former NBA player over allegations that he failed to deliver on a sports memorabilia deal. In August, Cobos won a $45,000 judgement against Malone Jr. in another Houston state district court after he failed to pay former Dallas Maverick and Seattle Supersonics shooting guard Dale Ellis for nine of his game-worn jerseys.
“Sedric Toney performed under the agreement, but Moses Malone Jr. did not,'' Cobos said. “It's not just that Moses Malone didn't pay Sedric. It's that Moses didn't tell him about deals that he was making that Sedric had set up or he was understating the value of those deals.”
George Farah, a Houston attorney who represents Malone Jr., did not return a call for comment.
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
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Justices Take Time to Answer Ken Paxton About Handguns at the State Fair
4 minute read
DraftKings Faces $65M Lawsuit by National Football League Players Association
4 minute read
FTC's Ban on Noncompete Agreements Struck Down on the Eve of Implementation
5 minute readTrending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
