Buffalo Bills’ McGee settles suit over financial advisor’s work

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A National Football League player has settled a civil suit in which he alleged that a financial advisor he was introduced to by his agent put his money into unauthorized investments.

football standsBuffalo Bills’ cornerback Terrence McGee and his former agent Terry Bolar reached a settlement in the case, where McGee says he lost more than $1 million, according to an Associated Press report.

Terms of the settlement were not disclosed.

The news service reported that Bolar says he did nothing wrong and that he is prohibited from commenting on the settlement because of a confidentiality agreement.

McGee, in court papers, alleged that Bolar and Jerry Gray, now a secondary coach with the Seattle Seahawks, knowingly introduced McGee to the financial advisor, who allegedly put McGee’s money into investments McGee says were unauthorized and possibly nonexistent, according to the AP.

The report said it was unclear if Gray also participated in the settlement.

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