Wild star Dany Heatley against San Jose in December.
Marcio Jose Sanchez, Associated Press - Ap
Report: Wild's Heatley suing his former agent
- Article by: MICHAEL RUSSO
- Star Tribune
- August 18, 2012 - 11:52 PM
Wild winger Dany Heatley is suing his former agent and the agent's parents for $11 million in an allegation that they lured him into several real-estate ventures across Canada and the United States with promises of big returns that never materialized, the Globe and Mail reported Saturday.
Stacey McAlpine, Heatley's agent while he was with Atlanta, also is accused of dipping into Heatley's bank accounts and making unauthorized withdrawals of more than $4 million.
According to the newspaper, the claim alleges conspiracy, oppression, breach of fiduciary obligation and unjust enrichment by the McAlpine family, which includes McAlpine's parents, Gerald and Eugenia. Heatley accuses them of using multiple corporate entities "as a sham, cloak or alter ego, in order to shield themselves from personal liability."
J.P. Barry, Heatley's agent since 2004, told the Globe and Mail that "nobody" has been able to reach Stacey McAlpine, who is no longer a certified NHL Players' Association agent, since this case began percolating.
"I'm not going to speak for Dany, but he's going to proceed on this," Barry told the Globe and Mail. "We're just going to move forward with the claim."
"It's a sad tale of mismanagement," Barry added.
According to the newspaper, Heatley's real-estate dealings with the family began in 2008 with a $1 million investment in condominium units across Canada. Later that year, he made the same investment on some U.S. condos.
The lawsuit, filed in Calgary, alleges the defendants "negligently and fraudulently misrepresented" investments as "good" and "safe" when they ought to have known it was "highly speculative," the Globe and Mail reported.
The lawsuit also alleges that McAlpine had access to Heatley's bank accounts for investment purposes and bill payments. Between 2008 and '09, more than $4 million vanished in four separate transactions, the newspaper reported.
Heatley has two years left on his contract with the Wild at a total of $11 million.
© 2013 Star Tribune