Michael Avenatti found guilty in Nike extortion trial

Michael Avenatti is guilty on all three counts he was facing, according to a decision by a jury in federal court in New York on Friday.

Prosecutors said the lawyer threatened to publicly accuse athletic apparel maker Nike of illicitly paying amateur basketball players unless the company paid him millions of dollars.

He still faces two additional trials for allegedly stealing Stormy Daniels’ book advance and committing fraud in California. He is being held in jail for allegedly violating the terms of his bail in the California case.