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QB Young’s suit against ex-adviser called ‘hollow’

The Columbian
Published: June 13, 2012, 5:00pm

ORCHARD PARK, N.Y. (AP) — Vince Young’s allegations that his former financial adviser Ron Peoples cheated the quarterback out of millions of dollars are described as “hollow” and “without merit.”

In response to a lawsuit filed by the Buffalo Bills player in Houston this week, Peoples’ attorney David Chaumette released a statement saying his client did nothing wrong and will be cleared of any liability.

Peoples and his Raleigh, N.C.-based firm are accused of misappropriating at least $5.5 million of Young’s earnings from 2006 to 2011. Young’s former agent, Major Adams II, is also named in the lawsuit, and accused of conspiring with Peoples.

Chaumette says transactions made by Peoples’ firm were approved by a trustee appointed by Young. Chaumette did not reveal the trustee, and noted the person was not named in Young’s lawsuit.

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