Terrell Owens hasn't played in the NFL since 2010 but he's managed to stay in the public eye and it looks like he's going to stay there at least a little bit longer thanks to lawsuit he recently filed. Owens is suing his former agent Drew Rosenhaus and Drew's brother Jason for for breach of fiduciary duty fraud and negligence according to Yahoo! Sports. Owens is seeking to recover up to $6.5 million in the lawsuit. The lawsuit alleges that Drew Rosenhaus introduced Owens to Jeff Rubin a financial adviser and then advised Owens to let Rubin handle his finances. Owens eventually hired Rubin and in the lawsuit he claims that his new financial advisor made a series of bad investments. It's worth noting that in March Rubin was banned from dealing with the securities industry partly for the role he played in convincing 31 NFL players to invest in an Alabama casino. The project went bankrupt costing the group a combined $40 million. In the lawsuit Owens alleges that his dealings with Rubin cost him over $5 million. "Terrell trusted [Drew] Rosenhaus when he recommended that Terrell hire Rubin as his financial adviser" Owens' attorneys Curtis Carlson and Chase Carlson said via Yahoo! "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."
Terrell Owens suing former agent Rosenhaus for $6.5 million
CBS Sports | Aug 22