Former NFL wide receiver Terrell Owens is suing his former agent Drew Rosenhaus and his brother, Jason Rosenhaus. Owens is suing for breach fiduciary duty, fraud, and negligence, according to Rand Getlin of Yahoo Sports. He is seeking to recover up to $6.5 million from the Rosenhaus brothers.
Getlin explains that Rosenhaus allegedly recommended Owens hire Jeff Rubin as his financial adviser despite the red flags surrounding him.
“Terrell trusted [Drew] Rosenhaus when he recommended that Terrell hire Rubin as his financial adviser,” said Owens’ attorneys, Curtis Carlson and Chase Carlson of Miami-based Carlson & Lewittes, P.A. “It is completely ridiculous that Rosenhaus would refer a five-time Pro Bowler to a financial advisor who has been accused of stealing from his clients in the past, whose college degree was in Exercise Science, and who was inexperienced. Rosenhaus should have steered Terrell away from Rubin, not toward him.”
Rubin used Owens’ money to invest in several mistakes ”including an illegal and now-bankrupt casino project in Alabama.”
Getlin explains 18 former or current NFL players, including Jevon Kearse, Fred Taylor, Frank Gore, Plaxico Burress, Clinton Portis and Santana Moss, lost a combined $32 million in the Alabama casino.
Rosenhaus declined when Yahoo asked for a comment on the situation.