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Pippen Settles

Hooped Up | October 11, 2007

Former Chicago Bulls star Scottie Pippen plans to end a long-running dispute with his former financial adviser with a $1.5 million court settlement today, his lawyer said.

Pippen had sought more than $20 million from Robert Lunn, a financial guru who at one time had numerous wealthy, well-known clients.

The former Bulls star alleged Lunn steered him to bad investments, failed to account for funds and diverted money to himself. Other former clients also sued Lunn, claiming he looted their investments, loaned their money to friends and associates, and lied about it.

Chicago Sun-Times

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