Michael O’Keefe and Teri Thompson of the Daily News is reporting that the Mets filed a motion on late Thursday to have the case against them tossed for lack of evidence by Picard.
After U.S. District Court Judge Jed Rakoff dismissed most of the counts in Irving Picard’s $1 billion lawsuit against the owners of the Mets in September, the trustee in the Bernie Madoff liquidation case embarked on an aggressive campaign to dig up dirt.
Picard, according to filing made late Thursday by lawyers for the Mets’ owners asking the judge in a summary judgment motion to dismiss the suit, served more than 100 document requests on the defendants and other parties. He took 20 depositions and even hired a private investigator to question acquaintances of the defendants.
But according the Mets’ filing, Picard did not find any evidence that Mets owners Fred Wilpon and Saul Katz knew Madoff was running a massive Ponzi scheme, or that Wilpon and Katz had willfully turned a blind eye to Madoff’s scam. I...