Just got this email from mets.com regarding the lawsuit:
STATEMENT FROM FRED WILPON, CO-FOUNDER AND CHAIRMAN, AND SAUL B. KATZ, CO-FOUNDER AND PRESIDENT OF STERLING EQUITIES, ON BEHALF OF THE STERLING EQUITIES PARTNERS AND THEIR FAMILIES
Dear Mets Fans:
Following days of leaks and press speculation, the Court – with the agreement of the Sterling partners – has released the complaint that was previously filed under seal.
The Trustee’s lawsuit is an outrageous “strong arm” effort to try to force a settlement by threatening to ruin our reputations and businesses which we have built for over 50 years. This is a flagrant abuse of the Trustee’s authority and we will not succumb to his pressure. The conclusions in the complaint are not supported by the facts. While they may make for good headlines, they are abusive, unfair and untrue. We categorically reject them. We should not be made victims twice over – the first time by Madoff, and again by the Trustee’s actions.