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Wednesday, June 30, 2010

Emotional Scottie Pippen Wins $2 Million Lawsuit Verdict

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Scottie Pippen and Larsa PippenScottie Pippen left the courthouse in tears with wife Larsa Pippen after a Cook County jury awarded him a $2 million verdict in a legal malpractice case.



"I don't want to really say anything, I'm just exhausted and tired," the former Chicago Bulls star told the Chicago Sun-Times on Monday.



Pippen, who has reportedly lost $120 million in career earnings since his retirement in 2004, sued two attorneys at the Chicago law firm Pedersen & Houpt for a total of $8.2 million. Pippen alleged the attorneys failed to closely monitor his 2002 purchase of a jet, which was grounded only months after he bought it, for upgrades and refurbishing the interior.



Pippen reportedly spent $4.3 million on the Gulfstream II corporate jet.



The jury ruled that Pippen deserved blame as well in the bad business deal, awarding him roughly one-quarter of what he asked for. One of the firm's attorneys, Peter Sullivan, argued during opening statements that Pippen was looking for a scapegoat for his poor financial decisions over the years.

 

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Full story at http://nba.fanhouse.com/2010/06/30/scottie-pippen-larsa-pippen-lawsuit-verdict/

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