Michael Avenatti searched 'Nike put options' and 'insider trading' before allegedly trying to extort the sportswear giant
Avenatti represents Gary Franklin, who accused Nike of hiding illegal payments to basketball recruits. The lawyer searched"nike put options" and items related to"insider trading" on March 10 and after taking Franklin's case. Avenatti also visited the Nasdaq's website to monitor Nike's stock price and find pricing for options tied to the sneaker giant's stock.
Avenatti attorney Scott Srebnick motioned to exclude the searches from evidence in the case against Avenatti, calling them"irrelevant" to the case.
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