It looks like Rudy Ruettiger — the real-life sportsman whose life story inspired a 1993 film with Sean Astin tackling the part of the collegiate champ — has been hit in the head too many times with a football. David Anspaugh's movie tells the tale of a kid from a working-class family who struggles to play for the Fighting Irish at Notre Dame. Now the real-life Rudy faces a different set of challenges, since the Securities and Exchange Commission has uncovered an investment scam in which the footballer deceived people into buying stock in his sports drink.
from the SEC detailed the scheme.
"Ruettiger founded Rudy Nutrition to compete with Gatorade in the sports drink market. Rudy Nutrition produced and sold modest amounts of sports drink called “Rudy” with the tagline “Dream Big! Never Quit!” However, the company primarily served as a vehicle for a pump-and-dump scheme that occurred in 2008 and generated more than $11 million in illicit profits."
The news is definitely a far cry from the warm fuzzies Sean Astin provided, which is kind of a bummer.
In another real-life sports drama, Pixar's upcoming girl-power animation flick Brave
has been slapped with several legal complaints
from the Atlanta National League Baseball Club. The company owns the Atlanta Braves and is objecting to the use of their trademark. Disney is trying to settle the matter privately and isn't trying to seek use of the word "Braves," but the baseball organization contends that their entire reputation is still at stake.
" … Damages will occur as a result of Disney’s trademarks being approved as they have used the singular form before on merchandise and insist it is common for fans, media, et al to use the singular form when referring to a single player, whereas the pluralized form refers to the entire team."
Apparently it's up to companies to individually police their trademarks and take action to protect them, so the sports team isn't in the wrong here by pursuing the matter. If they didn't, they run the risk of the trademark appearing "abandoned" and for use in the public domain. While it's doubtful that any old Joe Schmoe could make that happen, Disney/Pixar certainly has enough
power money to put them in jeopardy.
Share your thoughts on both courtroom dramas below.