by Axios | 3.25.19
This piece was authored by Axios, and its content solely reflects the published views of Axios and its journalists.
Federal prosecutors in New York announced Monday that they will charge lawyer Michael Avenatti, who gained notoriety for his representation of Stormy Daniels and a discredited Brett Kavanaugh accuser, with an attempt to extort $20 million from Nike. He is also being charged with wire and bank fraud by prosecutors in California.
The big picture: Avenatti tweeted just before the charges were announced, saying he would hold a press conference Tuesday "to disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered." He was arraigned in New York on Monday evening and released on a $300,000 bond. He will be arraigned in his second case in Los Angeles on April 1.
What they're saying: Avenatti said outside court he was "highly confident" he would be fully exonerated and justice would be done.
Go deeper: Read both sets of charges against Avenatti
Written by Axios
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