Michael Avenatti convicted of trying to extort Nike
Julio Cortez via AP
Michael Avenatti, December 12, 2018 (file)

via WPIX:

NEW YORK CITY (WPIX) -- Michael Avenatti, who gained fame by representing adult-film actress Stormy Daniels in lawsuits against President Donald Trump, has been convicted of trying to extort sportswear giant Nike.

The verdict against Avenatti was returned by a federal jury in Manhattan on Friday, two days after jury deliberations began, following a three-week trial.

Prosecutors claimed Avenatti made threats to use his media access to hurt Nike's reputation and stock price unless the apparel company paid him up to $25 million.

Avenatti did not testify. His lawyers argued that he was doing an honest and legal negotiation.

Avenatti is scheduled to be sentenced June 17. He faces a maximum of 20 years in prison on each of the top counts, the Washington Post reports.

MORE: Michael Avenatti has been convicted of trying to extort Nike - WPIX