LOS ANGELES (AP) -Basketball great Jerry West, Lakers general manager Mitch Kupchak, the Dodgers' Nomar Garciaparra and other athletes claim they were bilked out of $3 million by a Los Angeles investment adviser.
More than a dozen people, many of them current or former athletes, filed a claim last June with securities regulators contending UBS Financial Services made unnecessary bond trades to reap commissions. The claim will be heard by an arbitration panel in July.
The trades were made by Gary R. Fournier, who no longer works for UBS. Fournier and UBS have denied wrongdoing.
West and the others are seeking unspecified damages.

Recent NBA Discussions


NBA Top Stories

Thumbnail Hungry Clips open season in Portland Having suffered a disappointing first-round exit in last year’s playoffs, the Clippers spent the offseason tinkering. No established stars left Staples Center, but...
Thumbnail Harden, Houston visit new-look Los Angeles No one’s expecting the Lakers to make major waves as soon as 2016-17. With Luke Walton at the helm, though, the franchise hopes it’s pinpointed the man to turn...
Thumbnail Cleveland ready to rock anew vs. New York The Cavaliers are ready to revel in their first NBA title in 52 years. But will the new-look Knicks spoil the celebration in...
Thumbnail NBA 2016-17 MVP Odds Will Stephen Curry make a run at a third straight NBA MVP honor, or will someone else push him for the crown? Get a...
Thumbnail Lottery pick to begin pro career as reserve The Lakers stumbled to a 17-65 finish in 2015-16. Yet that doesn’t mean they’re willing to just hand over the keys to the No. 2 overall pick in June’s NBA draft.
More inNBA Articles  

NBA Team Pages