Monday, March 19, 2012
By Janet Babin : Economic Development Reporter, WNYC News
The team’s owners reached a deal Monday with the trustee responsible for recovering money for victims of the Ponzi scheme run by imprisoned financier Bernie Madoff. But it may take a bit more than a court settlement to break the Mets slump.
Thursday, February 23, 2012
A judge says he'll decide by March 5 if a trial is necessary to decide if the owners of the New York Mets were willfully blind to the multibillion-dollar fraud by financer Bernard Madoff.
Thursday, February 09, 2012
The owners of the Mets want the Supreme Court to weigh in on their attempt to recover money lost in Bernard Madoff's Ponzi scheme.
Wednesday, September 28, 2011
A lawyer for Irving Picard, the trustee overseeing the recovery of money for cheated investors from Bernard Madoff's ponzi scheme, said a judge's ruling means that first payouts to investors won't go out as planned Friday.
Tuesday, September 27, 2011
The legal fallout from the Bernard Madoff ponzi scheme has reached the New York Mets. A judge is allowing a lawsuit to go forward, in limited form, against the owners of the Mets by the trustee recovering money for investors who lost money due to Madoff.