As if the Mets didn’t have enough distractions, now there’s this:
NEW YORK (AP) – A new lawsuit blames the owners of the New York Mets for letting their workers put more than $16 million in 401K assets into accounts controlled by jailed financier Bernard Madoff.
The lawsuit was filed in federal court in Manhattan today. It was brought by the wife of a former employee of Sterling Equities Associates, which owns the Mets.
The lawsuit claims that Sterling Equities and several of its top executives should have known that Madoff was carrying out a massive Ponzi scheme that cost thousands of investors billions of dollars.
A message left with a spokesman for Sterling was not immediately returned.
The court-appointed trustee who is recovering Madoff money for investors has said the Mets profited from their investments with Madoff.