Ray Lewis, Clinton Portis, Santana Moss Sue BB&T for Negligence

U.S. District Judge Beth Bloom is allowing six current and former NFL players to move ahead with a negligence lawsuit against BB&T Corp. for allegedly allowing unauthorized financial transactions.

In a 51-page order issued July 27, the Fort Lauderdale judge granted summary judgment on numerous counts filed by more than a dozen professional football players against the bank.

However, she allowed negligence claims by Ray Lewis, Clinton Portis, Santana Moss, Lito Sheppard, Fred Taylor and Derrick Gaffney to move forward.

The case alleges the athletes' former financial management firm, Pro Sports Financial Inc., opened bank accounts in their names with forged signatures and withdrew nearly $53 million without their permission or knowledge.

BB&T was sued because it assumed the liabilities of the former BankAtlantic, which was accused of "aiding and abetting fraud" and failing to act in good faith and reasonable care.


(dailybusinessreview.com)