Partner Jessica Matelis was quoted in the Law360
article, ‘Geragos ‘Chargeable’ in Avenatti Extortion Case, Experts Say
Matelis responded to questions of whether Nike needed to disclose in SEC filings that it was cooperating with authorities in an investigation into alleged corruption with college basketball players. Celebrity lawyers Michael Avenatti and Mark Geragos have been accused of trying to extort money from the shoemaker in connection with the alleged corruption.
Matelis told Law360 that there is no bright-line rule as to when a company needs to disclose that it is cooperating in an investigation. “It could very well be that the company was told by criminal authorities not to disclose anything,” she said.