November 8, 2007
And the Winner By A Nose...Race Horse Curlin And The Fen-Phen Plaintiffs
As reported on FindLaw (via AP), 418 former Fen-Phen plaintiffs can now claim a 20% ownership stake in Curlin, the 2007 winner of both the Breeder's Cup Classic and the Preakness. As noted previously, the former Fen-Phen plaintiffs won a $62 million judgment in their fraud suit against their former lawyers. Two of those lawyers - Shirley Cunningham Jr. and William Gallion - owned a 20% stake in Curlin. Curlin is presently for sale, which is what prompted plaintiffs' attorney Angela Ford to file the assets claim. The judge's order also permits the plaintiffs to collect any racing purses (such as the $2.7 million Breeder's Cup) that have not yet been paid out. No word on when Curlin will be sold.
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