Vikings Owners Face $84.5 Million Fine, Will Appeal

Discussion in 'Minnesota Vikings' started by SRW, Sep 23, 2013.

  1. SRW

    SRW Ex-World's Worst Site Admin

    A judge in New Jersey on Monday ordered Minnesota Vikings owners Zygi and Mark Wilf and their cousin Leonard Wilf to pay $84.5 million to two former business partners who she previously ruled they had defrauded in a 1980s real estate deal.

    The ruling from Superior Court Judge Deanne Wilson covered compensatory and punitive damages to plaintiffs Josef Halpern and Ada Reichmann. It also includes a redistribution of real estate profits dating to the lawsuit's initial filing, in 1992. Attorneys for the Wilfs promised an appeal.

    Wilson ruled last month that the Wilfs had committed fraud, breach of contract and breach of fiduciary duty, and violated the state's civil racketeering laws.

    Source: Sporting News
     
  2. Tarkus

    Tarkus The Thread Stalker

    This appeal should take no more than another 20 years. :icon_rolleyes:
     
  3. Buck Fenson

    Buck Fenson formerly Jake from State Farm

    that could set a precedent. The NFL may also go after them for defrauding the Vikes fans with the team they are putting out there.