Tom Brady LEADS CHARGE Against $11B FTX Celebrity Endorser Lawsuit, Argues Ad "Puffery"
In this video, we’ll review highlights from Tom Brady and his celebrity Co-Defendants’ new Motion to Dismiss the $11 billion FTX class-action lawsuit.
BECOME A CHANNEL MEMBER: https://www.youtube.com/c/TheLegalPad/join
Chapters
00:00 – Introduction
00:36 – Tom Brady and Other Celebs File Motion to Dismiss
01:16 – Overview of Arguments
03:19 – Relevant Facts
03:48 – Larry David’s FTX Super Bowl Commercial
04:24 – David Ortiz’s FTX Commercial
04:49 – FTX Signage in GS Warriors’ Arena
05:03 – Tom Brady’s FTX Commercials
06:42 – Udonis Haslem’s FTX Commercial
07:42 – Overview of Tom Brady and Co-Defendants’ Arguments
08:22 – Brady Argues No “Causal Link” Connecting Defendants to Plaintiffs’ Harms
10:20 – Steph Curry’s FTX Commercial
11:28 – Defendants Argue that Plaintiffs Failed to State a Claim
12:24 – “Ad Puffery” Argument
14:48 – Defendants Raise First Amendment Concerns
15:20 – Defendants Argue that FTX is an “Indispensable Party” to the Case
Last November, Tom Brady, Shaq, Steph Curry, comedian Larry David, and other celebrities and professional athletes were hit with a multibillion dollar class action lawsuit for allegedly promoting the cryptocurrency exchange, “FTX.”
The class of plaintiffs consists of individuals who deposited money into FTX yield-bearing accounts (or “YBAs”), only to see their money disappear when FTX’s house of cards collapsed. The plaintiffs suggest that Tom Brady and his Co-Defendants are responsible for the money they lost because their endorsement of the product influenced them to deposit their money into FTX YBAs.
Earlier this month, Tom Brady and his Co-Defendants filed a Motion to Dismiss asking the Court to toss out the lawsuit against them.
In this video, we’ll review highlights from Tom Brady and his Co-Defendants’ motion to dismiss.
SUBSCRIBE: https://www.youtube.com/channel/UCiDo94lSb0FkG_vJjGWeXyw
WAGONER LAW FIRM: https://wagonerlawfirmpllc.com/
#ftx #tombrady #ftxlawsuit
NOTICE AND DISCLAIMER: The information in this video and on this Channel is not legal advice or any other form of professional advice. It’s for informational/educational purposes only. This information is not intended to create, and receipt or viewing of it does not create, an attorney-client relationship. Nothing in this video or on this channel should be taken as legal advice or any other form of professional advice for any individual claim, case, or situation. You should seek advice from an attorney or other professional regarding your specific situation. Contacting the Wagoner Law Firm does not create an attorney-client relationship, nor does your receipt of an initial case evaluation. The only way to create an attorney-client relationship with the Wagoner Law Firm is through a mutual written agreement, which you will be asked to sign. Please do not send any confidential information to the Wagoner Law Firm until an attorney-client relationship has been established. This description may contain one or more affiliate links, meaning that I will earn a financial benefit if you click through and use an affiliate link (at no additional cost to you).
Comments are closed.