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: Legal Pad | LA

Former Nuggets star's business manager in misappropriation suit

By Richard Binder

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Carmelo A lawsuit filed in U.S. District Court in Sacramento, California, yesterday alleges that Denver Nuggets star Carmelo Anthony's former business manager misappropriated more than $2 million of the player's assets. Larry Harmon and employees of Larry Harmon & Associates are accused of transferring $1.75 million of Anthony's money without his knowledge or consent to a company formed by Harmon.

Another $265,500 was discovered to have been invested in third parties without Anthony's knowledge or consent between 2005 and 2008, according to the lawsuit.

Harmon, reached at his office, said he was unaware of the lawsuit, which seeks recovery of the approximately $2 million, plus punitive damages.

Robert W. Hirsh, Anthony's Beverly Hills-based attorney, said he intends to "aggressively represent" his client.

Full story at SI.com.

Full post as published by Legal Pad | LA on August 18, 2009 (boomark / email).

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