Litigation

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Madoff Trustee Agrees To $162 Million Settlement With New York Mets' Owners
Posted on 19 Mar 2012 by Timothy Raub

NEW YORK - (Mealey's) The owners of Major League Baseball's New York Mets and the liquidation trustee of Bernard L. Madoff Investment Securities LLC (BLMIS) agreed on March 19 to a $162 million settlement of claims relating to the defendants'... Read More

Madoff Lawsuit: Mets Owners Owe Victims $300 Million
Posted on 7 Feb 2011 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) The owners of the Mets turned a blind eye to Bernard Madoff's massive fraud, reaping $300 million in false profits and using a large chunk to run the team, according to a lawsuit unsealed Friday. The lawsuit claims the owners were... Read More