GREAT NECK, N.Y.--(BUSINESS WIRE)--Sterling Equities issued the following statement on behalf of its companies, partners and family members regarding today’s court filing in New York City by the Madoff Trustee:
The Trustee for Bernard L. Madoff and BLMIS today has filed a complaint against various Sterling partners and entities. Because the parties are engaged in settlement negotiations, the complaint is filed confidentially, under seal. Consequently, we will have no further comment at this time. Regardless of the outcome of these discussions, we want to emphasize that the New York Mets will have all the necessary financial and operational resources to fully compete and win. That is our commitment to our fans and to New York.