NFL, Players' Union Sued Over Money Lost
May 30, 2014 1:08 AM
Seven current and former NFL players have sued the league and its union to recover $20 million they lost in an alleged fraud scheme, claiming the union endorsed the services of an investment firm even though its manager had liens against him.
In a lawsuit, filed Friday in U.S. District Court, the players said the league and the NFL Players Association are liable for the losses because of investments with hedge fund manager Kirk Wright.
AP