Fedorov sues for $43 million loss
DETROIT (AP) -- Former Detroit Red Wings star Sergei Fedorov says a man entrusted to manage his money during the past 11 years swindled him out of $43 million.
In a lawsuit filed Thursday in Wayne County Circuit Court, Fedorov says Joseph Zada of Grosse Pointe Shores also broke a promise to repay him $60 million by April 20.
The suit says Zada "acting in concert with others" and "intentionally lied to Fedorov" whenever he asked about the money.
There was no answer Thursday at a number listed for Zada in Grosse Pointe Shores.
Fedorov, the 1994 NHL MVP and three-time Stanley Cup winner with the Red Wings, has signed a two-year contract with a Russian club of the Kontinental Hockey League. He has also played for Anaheim, Columbus and Washington.