Former NBA star Kevin Garnett dropped his lawsuit against a Kentucky based accounting firm. He accused them of participating in a scheme that stole $77 million from him.
The two sides reached an agreement and all claims by both sides have been dismissed.
Via The Blast:
According to court documents obtained by The Blast, Garnett and the accounting firm Welenken CPAs have reached a deal that will end the lawsuit. According to their deal, all claims against the other will be dismissed and the case will be officially closed.
Last year, Garnett sued his Kentucky-based accounting firm, Welenken CPAs, and its partner, Michael A. Wertheim. Garnett accused the firm of participating in a scheme in which they helped a third-party money manager steal $77 million from the NBA star over the years.
It looks like Garnett might have had a pretty strong evidence. Hopefully he was able to recoup a good chunk of the money that was taken from him.
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