NFL Star Dwight Freeney Sues Bank of America for Negligence

Posted on April 7th, 2015 at 9:54 AM
NFL Star Dwight Freeney Sues Bank of America for Negligence

From the Desk of Jim Eccleston at Eccleston Law LLC:

NFL star Dwight Freeney is suing Bank of America and a Merrill Lynch financial adviser Michael Bock for allegedly defrauding him of over $20 million in an investment fraud.

In 2010, Dwight Freeney authorized Bank of America to manage his assets, including his NFL salary. At that time, two Merrill Lynch advisors, Eva Weinberg, and her associate Michael Stern, allegedly engaged in a scheme to defraud Freeney through a number of means, including stealing $2.2 million and having him take out a worthless $55 million life insurance policy with illegal kickbacks. Those two former Merrill Lynch advisors have been arrested and are in prison.

Mr. Freeney claimed that Bank of America and Bock were negligent in failing to protect him from the scheme, while Weinberg was still at Merrill Lynch.

Bank of America has argued in its defense that it had nothing to do with the criminal scheme. 

The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services.

Related Attorneys: James J. Eccleston

Tags: Dwight Freeney, Bank of America, Merrill Lynch, Negligence, Investment Fraud, James Eccleston

Return to Archive



Fantastic news!!!!  Your professionalism, support and expertise were greatly appreciated.  You made a difficult situation much more bearable.

Marci M.


October 27, 2021
Former LPL Advisor Suspended For Completing 22 Trades Absent Client Consent

The Financial Industry Regulatory Authority (FINRA) has suspended and fined a former LPL advisor who allegedly completed 22 trades on behalf of a client without obtaining written consent. FINRA has issued a $5,000 fine and has suspended Michael Hartlett for 10 days.

October 26, 2021
Former Advisor Fails To Reverse Bar After Alleged $1 Million Theft From RBC

A former RBC Wealth Management advisor lost his bid to reverse an industry bar, according to an appellate decision issued by the Financial Industry Regulatory Authority (FINRA).

October 25, 2021
Firms Walk Thin Regulatory Line In Referring Self-Directed Clients To Advisors

While online trading platforms have surged in popularity during the pandemic, brokerage firms view self-directed investors as a source of new clients.