Dwight Freeney Files Lawsuit Against Bank of America: Latest Details, Comments

Former NFL Pro Bowler Dwight Freeney has filed a lawsuit against Bank of America, claiming the bank defrauded him of more than $20 million.  

ESPN's Adam Schefter provided the press release from his attorney:

CBS Los Angeles provided more background on Freeney's complaint:

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In addition to BofA, the complaint names Michael Bock, a senior vice-president of the bank’s Global Wealth & Investment Management unit, as a defendant.

Attorneys say BofA did not disclose to Freeney that Eva Weinberg – who was assigned by BofA to manage Freeney’s business affairs – was only a part-time employee at BofA and was not licensed to give Freeney investment advice.

The complaint also alleges BofA, Bock and Weinberg also lied to Freeney about the true identity of Michael Stern, who was brought onto Freeney’s BofA financial team.

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Attorneys also allege that "Stern was introduced to Freeney as 'Michael Millar', a successful Miami Beach businessman, but who was allegedly linked to failed real estate ventures and allegations of bribing Miami city officials."

Bank of America spokesman Bill Halldin released a statement as well, stating, “The two people responsible for this wrongdoing have already been convicted. The primary wrongdoer never worked for the bank or any of its affiliates and the other person committed her criminal conduct after she left Merrill Lynch in 2010.”

Freeney, 35, played for the San Diego Chargers last season. He has made more than $95 million in salary during his career, per Spotrac, and he earned a little more than $4 million in 2014. The statement does not go into detail regarding Bank of America's involvement in the "scheme," but it claims the bank's management resulted in a mass exodus of funds over a two-year period.

Freeney is currently a free agent after his contract expired. He told Michael Gehlken of U-T San Diego that he plans to play in 2015 if the "right situation" comes along: 

"I could retire tomorrow and still be happy with what I've done in this league. But I think I have a lot in the tank as well. It's one of those things where I'm going to wait for the right situation to come across the table."

The former Syracuse star played his first 11 seasons with the Indianapolis Colts. His 111.5 career sacks rank 20th in NFL history.

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