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Monday, February 24, 2014
Kevin Durant dismisses lawsuit

Associated Press

OKLAHOMA CITY -- Oklahoma City Thunder star Kevin Durant has dismissed his $600,000 federal lawsuit against his former accountant.

The two-page filing dated Friday says only that Durant and his company -- K. Durant Enterprises LLC -- had agreed to dismiss the lawsuit filed by Durant in December against Joel Lynn Elliott in federal court in San Jose, Calif. The filing does not say whether there is a settlement.

Attorneys for Durant and Elliott did not return phone calls to their offices.

The lawsuit alleged that the California-based Elliott deducted some personal expenses as business expenses on Durant's taxes without proper documentation. It alleged professional negligence, breach of fiduciary duty and breach of contract and sought $200,000 for each of the three counts.