Legal Question in Business Law in California

are celebrities liable in investment fraud?

I put my savings in a mortgage investment company after joe namath became its spokesman. since then namath has been fired and the firm has lost hundreds of millions of dollars so can i go after joe?


Asked on 5/26/06, 6:25 pm

2 Answers from Attorneys
Carl Starrett Law Offices of Carl H. Starrett II

Re: are celebrities liable in investment fraud?

No.

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Answered on 5/26/06, 6:30 pm
Edward Hoffman Law Offices of Edward A. Hoffman

Re: are celebrities liable in investment fraud?

You can if he was part of the fraud, but not if all he did was appear in the company's advertising -- which was almost certainly the case.

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Answered on 5/26/06, 6:44 pm


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