Mike Tyson Seeks to Punch-Out Former Financial Advisors with Lawsuit

On February 20, 2013, former heavyweight boxing champ Mike Tyson filed a multi-million dollar lawsuit against Live Nation Entertainment Inc. and its subsidiary SFX Financial Advisory Management Enterprises Inc. in California state court.  Tyson’s suit accuses the Defendants of damaging him financially by embezzling more than $300,000.00 from Tyson and his wife, along with providing Tyson false financial advice that ended up costing the former star more than $5 million.

Tyson has had a financial relationship with the Defendants since 2005.  Later, when the boxer …

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