Ny Mets Owners In $162 Million Madoff Settlement

(Reuters) - Owners of the New York Mets baseball team have agreed to pay $162 million to settle a lawsuit by the trustee seeking money for victims of Bernard Madoff's fraud.

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BING NEWS:
  • NY Mets owners settle in Madoff-related case
    NEW YORK (AP) -- The New York Mets owners and a trustee for Bernard Madoff's fraud victims settled Monday for $162 million in a case aimed at repairing the damage from a massive investment scheme. The ...
    03/19/2012 - 4:19 am | View Link
  • In Twin Wins, NY Mets Owners Close Madoff Deal, 240M in Stake Sales
    Hours after winning a major settlement with the trustee for Bernard Madoff’s fraud victims, the owners of the New York Mets scored another huge win after reports emerged that they’ve sold 12 minority ...
    03/18/2012 - 1:00 pm | View Link
  • NY Mets owners settle in Madoff-related case
    NEW YORK (AP) -- The New York Mets owners agreed to pay up to $162 million in a settlement announced Monday with the trustee for Bernard Madoff's fraud victims, a deal that left open the possibility ...
    03/18/2012 - 1:00 pm | View Link
  • As NY Mets go to trial in Bernie Madoff clawback case on Monday, here's all you need to know
    and that the trustee might wind up paying them millions since the Mets' owners have also filed for $160 million in "net-loser" claims for Madoff accounts that lost money. Picard would not only walk ...
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  • NY Mets owners dealt blow in Madoff case
    (Reuters) - Owners of the New York Mets struck out as a federal judge refused to dismiss a $386 million lawsuit by the trustee seeking money for victims of Bernard Madoff’s fraud, clearing the way for ...
    03/5/2012 - 8:47 am | View Link
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