Scottie Pippen files suit against those who said he filed for bankruptcy
By Allison Horton firstname.lastname@example.org December 13, 2011 9:38PM
Updated: January 15, 2012 8:20AM
Former Bulls star Scottie Pippen filed a multimillion-dollar federal lawsuit Tuesday that claims several websites falsely accused him of filing for bankruptcy when he’s actually worth at least $40 million.
Pippen was listed as one of ‘‘15 Athletes Gone Bankrupt’’ in an article published on the CNBC.com
website on April 26, the suit filed in U.S. District Court in Chicago said.
The article stated: ‘‘Pippen’s successes on the court couldn’t stop him from losing career earnings worth $120 million, including more than $4 million for a corporate jet that was grounded just months after he bought it.”
On Jan. 26, CBSSports.com ran a story headlined ‘‘Money a problem for a lot of former players’’ that featured a huge picture of Pippen, the suit said.
The suit claims Pippen ‘‘never filed for bankruptcy and indeed has a substantial net worth, which has not been less than
approximately $40 million in the last 10 years.’’
The three-count suit claims negligence, false light and defamation, calling it ‘‘most foul libel
. . . to be falsely accused of being
bankrupt.’’ It seeks at least
$9 million in damages.
The suit names Comcast Corp., General Electric Co. and CBS Corp., among others.
Spokesmen for the three companies weren’t available for comment Tuesday evening.