Chris Carter at the NFL Hall of Fame ()
Cris Carter, a former wide receiver inducted into the National Football League’s Hall of Fame last year, sued a Tyco International Ltd. unit he said failed to fulfill parts of a 2012 agreement to buy a division of his Carter Brothers security business.
Carter and his brother John formed a strategic alliance with Tyco in 2002 in which Tyco agreed to provide project management services and manage a database of qualified subcontractors, while providing sponsorship, sales management, training, development and management support, according to the complaint in New York State Supreme Court.
In October 2012 Tyco Integrated Security LLC agreed to buy the equity interest in Atlanta-based Carter Brothers LLC, which consisted of a fire and life safety division and a security division, for $35.8 million, according to the lawsuit.
The brothers said in the complaint that while they met the conditions of the sale, the Boca Raton-based Tyco unit has refused to pay $3 million that is still owed. The plaintiffs in the case filed Aug. 15 include Carter Brothers Inc. and Carter Brothers Security Services LLC.
Carter, 48, was named to eight Pro Bowls in his 16-year career with the Philadelphia Eagles, Minnesota Vikings and Miami Dolphins.