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Forum owners allege 'fraudulent scheme' in lawsuit over proposed Clippers arena [Los Angeles Times (CA)]

MADISON SQUARE GARDEN CO NEW (MSG) 
Last madison square garden co new earnings: 2/7 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.msg.com
Forum owners allege 'fraudulent scheme' in lawsuit over proposed Clippers arena The owners of the Forum alleged in a lawsuit filed Monday that Inglewood Mayor James T. Butts Jr. orchestrated a "fraudulent scheme" to clear the way for a proposed arena near the iconic sports and entertainment venue. The 46-page complaint by the Madison Square Garden Co. in Los Angeles County Superior Court is the latest escalation in the company's fight against the privately-financed project — potentially a new home for the Clippers — announced in June. "Unfortunately, the shocking and outrageous conduct of the Mayor, City officials and others have forced us to seek accountability in the courts in order to protect the Forum," Marvin Putnam, the Latham & Watkins attorney who filed the lawsuit on behalf of MSG, said in a statement. In addition to Butts, Inglewood's city council, two city-related agencies and Murphy's Bowl LLC, the Clippers-controlled company behind the arena, are named in the complaint. " Show less Read more
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