Michael Avenatti Pleads Not Guilty To Nike Extortion Accusations

Michael Avenatti is accused of attempting to extort up to $25 million from Nike by threatening to reveal claims of improper payments to college basketball recruits. The indictment against him was amended, dropping two conspiracy counts but adding a charge of honest services fraud. Nike denies any wrongdoing. Avenatti, already facing other criminal charges, is set to go on trial on January 21, 2020.

What was Michael Avenatti accused of doing to Nike?

• Stealing their trade secrets

• Threatening to reveal alleged improper payments

• Offering them a business deal

• Partnering with them for a new product

What was the outcome of the amended indictment against Avenatti?

• He was found guilty

• All charges were dropped

• He was acquitted

• Conspiracy charges were dropped, but a new charge was added

What charge was added to Avenatti's indictment?

• Money laundering

• Honest services fraud

• Bribery

• Tax evasion

What is Nike's stance on the allegations made by Avenatti?

• They admitted to the wrongdoing

• They refused to comment

• They denied any wrongdoing

• They settled the case out of court

When is Avenatti scheduled to go on trial?

• April 5th, 2020

• February 15th, 2020

• January 21st, 2020

• March 10th, 2020