Young, a former national champion at Texas, accused former agent Major Adams II and financial adviser Ron Peoples of “fraud, unjust enrichment, conversion, breach of fiduciary duty, usury and breach of contract,” according to a Houston Chronicle report.
The money in question totals at least $5.5 million, according to Young’s lawyer, who said the lawsuit was required to determine where the money went.
“There has been at least some evidence that there has been some fraud and some forgeries using (Young’s) name over the last several years that we believe that Major Adams and Ron Peoples are responsible for,” Austin lawyer Trey Dolezal said Monday. “We have no idea how much money is missing.”
Young played for the Philadelphia Eagles last year after spending his first five NFL seasons with the Tennessee Titans.