CNN Sports Illustrated- A former hedge fund manager’s suicide has no effect on a lawsuit filed by six former NFL players against the league and its players union over $20 million they say they lost in an investment scheme, an attorney for the plaintiffs said Monday.
The lawsuit claims the union endorsed Kirk Wright’s services even though he had liens against him.
Wright hanged himself in a suburban Atlanta jail on Saturday, three days after he was convicted of leading an investment scheme that caused clients, ranging from the former NFL players to his mother, to lose millions of dollars while he spent the money on jewelry, real estate and a $500,000 wedding.
