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Mets owners may face more allegations

Updated: March 3, 2011, 4:14 PM ET
ESPN.com news services

NEW YORK -- A federal appeals panel reviewing a compensation plan for former clients of disgraced financier Bernard Madoff cast doubt on claims by the embattled owners of the New York Mets and other investors that they have a right to keep millions of dollars of fictitious profits.

At a Manhattan hearing Thursday, a lawyer for the firm that runs the baseball team argued that laws protecting investors say they're owed whatever amounts were reflected on investment statements in 2009 when ...

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