Little Falls, NJ – June 24, 2025 – Scarinci & Hollenbeck, LLC Partner and Chair of the firm's Intellectual Property and Entertainment & Media departments Ronald S. Bienstock recently joined the Bloomberg Law podcast to discuss Shaquille O'Neal settling a class-action lawsuit over his FTX endorsement.
On the Bloomberg Law Podcast, host June Grasso speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. In the latest episode, Bienstock discussed O'Neal's decision to pay $1.8 million to settle a class action lawsuit over his promotion of the FTX cryptocurrency platform, which collapsed in 2022 and triggered a wave of litigation. Bienstock offered insight into the settlement's legal implications for the NBA legend, as well as the impact on celebrity endorsements going forward.
Beginning at the 30.43 mark, listen to Ron Bienstock discuss the settlement on the Bloomberg Law podcast: https://www.bloomberg.com/news/audio/2025-06-20/weekend-law-trans-rights-read-verdict-shaq-settles-podcast