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Tim Duncan’s lawsuit headed to Federal Court

Tim Duncan’s former financial advisor Charles Banks from Bexar County wants a judge to either move a portion of his suit to Colorado or force Duncan to arbitration in California.

Duncan filed a lawsuit for over $1 million from his advisor back in January for the damages and betrayal he caused on him for persuading him to invest money wrongfully.

The hearing will be scheduled today by U.S District Judge Xavier Rodriguez. Banks stated the investment agreements that Duncan signed stated that all disputes over his investments must go to arbitration in San Francisco or Los Angeles.