Michael Avenatti is convicted of trying to extort Nike
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February 14, 2020
NEW YORK (AP) — Michael Avenatti, the combative lawyer who gained fame by representing porn star Stormy Daniels in lawsuits involving President Donald Trump, was convicted Friday of trying to extort sportswear giant Nike.
The verdict was returned by a federal jury in Manhattan following a three-week trial in which prosecutors said Avenatti threatened to use his media access to hurt Nike's reputation and stock price unless the company paid him up to $25 million.
The convictions for attempted extortion and honest services fraud carry a combined potential penalty of 42 years in prison.
Avenatti g...
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