Jul 31, 2010, 1:37 PM EDT
Before you get too excited for news of the Mets making a big, big trade deadline splash, you may want to read this:
New York Mets principal owner Fred Wilpon was sued on Friday over alleged losses suffered by retirement plan participants at his firm Sterling Equities. The complaint filed Friday in Manhattan federal court said Sterling invested $16.2 million, or 92 percent, of the 401(k) plan’s $17.6 million of assets with convicted Ponzi-schemer Bernie Madoff . . .
. . . The complaint seeks class-action status on behalf of plan participants, a number it estimates in the hundreds. There were 267 participants at the start of 2008, the complaint said.
The Wilpons have a lot of things on their plate that don’t involve the Mets.
- The Troy Tulowitzki trade might be the strangest deadline deal ever 1
- Report: Rockies trade Troy Tulowitzki to Blue Jays for Jose Reyes and prospects 78
- Alex Rodriguez celebrates 40th birthday with a home run 10
- Mets acquire Tyler Clippard from the Athletics 19
- Angels acquire Shane Victorino from Red Sox 25
- Happy 40th Birthday, A-Rod! 44
- Craig Biggio, John Smoltz, Randy Johnson and Pedro Martinez inducted into the Hall of Fame 41
- And That Happened: Sunday’s scores and highlights 49
- The MLBPA is considering withholding cooperation with ESPN, Fox over Colin Cowherd’s comments (156)
- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- MLBPAA announces “Heart and Hustle” award, given mostly to Americans and white guys (131)
- Colin Cowherd wonders how baseball can be considered “complicated” if Dominicans can understand it (129)
- Major League Baseball rips Colin Cowherd in an official statement (123)