Overview
- The settlement was announced on Friday and came just before a planned discovery hearing in Philadelphia, with both sides asking for privacy and declining further comment.
- Bohm filed the suit in March 2026 seeking at least $3 million after alleging his parents used multiple LLCs and a family foundation to funnel and convert money from his accounts.
- Daniel and Lisa Bohm repeatedly denied wrongdoing in court papers, saying Alec knew about the entities and that the structures were set up on professional advice.
- The case produced repeated legal fights over jurisdiction and process, including competing bids to send parts of the dispute to arbitration in Florida, a bid to freeze $528,618, and disputes over depositions and discovery.
- Because the terms are confidential, public records do not show whether Bohm recovered funds or what remedies were agreed, leaving open questions about the financial and personal fallout as he heads into free agency and the postseason.