Jacksonville Jaguars File $66.6 Million Lawsuit Against Former Employee for Fraud
Jaguars Allege Employee Embezzled Funds and Misappropriated Trade Secrets
The Jacksonville Jaguars have filed a $66.6 million lawsuit against a former employee, alleging fraud, embezzlement, and misappropriation of trade secrets. The lawsuit, filed in federal court, accuses the former employee of stealing millions of dollars from the team over a period of several years.
Employee Accused of Embezzling Funds
The Jaguars claim that the employee used his position to embezzle funds from the team’s accounts. According to the lawsuit, the employee used a variety of methods to steal the money, including unauthorized wire transfers, fraudulent invoices, and forged checks. The Jaguars allege that the employee stole over $50 million from the team.
Employee Accused of Misappropriating Trade Secrets
In addition to embezzlement, the Jaguars also accuse the employee of misappropriating trade secrets. The lawsuit alleges that the employee stole confidential information about the team’s scouting reports, player contracts, and marketing strategies. The Jaguars claim that the employee sold this information to rival teams, causing the Jaguars significant financial harm.
Jaguars Seek Damages and Injunction
In the lawsuit, the Jaguars are seeking $66.6 million in damages. The lawsuit also seeks an injunction to prevent the employee from using or disclosing any of the Jaguars’ trade secrets.
Employee Denies Allegations
The employee has denied the allegations against him. In a statement released to the media, the employee’s attorney said that the lawsuit is without merit and that the employee looks forward to clearing his name.
The case is currently pending in federal court. A trial date has not yet been set.
Kind regards J. Brown.
