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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
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Shaq is dodging lawyers who’ve tried to serve him an FTX lawsuit by throwing it at his car and sending it to him on Instagram

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May 9, 2023, 8:04 AM ET
Shaquille O'Neal attends his 51st Birthday Celebration at The Bank on March 10, 2023 in Atlanta.
Shaquille O'Neal attends his 51st Birthday Celebration at The Bank on March 10, 2023 in Atlanta.Prince Williams—Wiriemage
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Shaquille O’Neal is calling foul on the lawyers who chased him for months to serve a lawsuit accusing the basketball legend of duping investors in FTX crypto exchange.

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Chucking legal documents at the front of O’Neal’s car as he drove quickly through the gates of his Georgia home doesn’t count as properly serving a lawsuit, his attorneys say.

The seven foot-one inch former Los Angeles Lakers star and NBA commentator known as Shaq is among numerous celebrities targeted in a suit claiming they funneled investors into a Ponzi scheme by promoting FTX’s unregistered securities.

O’Neal stood as a holdout among the group for not acknowledging receipt of the complaint despite what plaintiffs’ lawyers said were dozens of attempts to present it to him at known residences in Georgia and Texas and elsewhere, according to court filings. 

A month ago, the plaintiffs’ lawyers said they were ready to try an alternative method after their process server received a threatening text message stating that Shaq lives in the Bahamas. 

So the lawyers sent an electronic link to the lawsuit to O’Neal on social media, arguing that should be good enough given his status as an active user of Instagram and Twitter. They reasoned that he was clearly aware of the suit, having denied allegations of wrongdoing related to FTX in a December interview with CNBC, and they noted that electronic service is permitted under Texas law. But the judge wouldn’t allow it. 

The Moskowitz Law Firm finally declared success on April 17 when process servers caught up with O’Neal outside his Atlanta home.

UPDATE: Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house. His home video cameras recorded our service and we made it very clear that he is not to destroy or erase any of these security tapes, because they must be preserved for our lawsuit.

— The Moskowitz Law Firm (@moskowitzesq) April 17, 2023

Or so they thought.

O’Neal’s lawyers said in a filing Monday that the plaintiffs missed their deadline, and that resorting to tossing the documents at his car falls well short of legal requirements. They asked the judge to dismiss the suit against O’Neal in its entirety.

Investors have “had months and multiple tries,” O’Neal’s lawyers wrote. “Mr. O’Neal has not evaded service by failing to be at the residences where plaintiffs belatedly attempted service or by driving past strangers who approached his car.” The documents landed on a public road, according to the filing.

The case is Garrison v. Bankman-Fried, 22-cv-23753, US District Court, Southern District of Florida (Miami).

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