RICO lawsuit following the sale of the Expos[edit]
An early controversy of Samson's baseball career came in July 2002, when he was one of several defendants named in a federal complaint filed in Miami under the Racketeer Influenced and Corrupt Organizations Act (RICO). The complaint was filed by 14 former minority partners of the Expos against Loria, MLB Commissioner Bud Selig, MLB Chief Operating Officer Bob DuPuy, the commissioner's office, and Samson.[2]
The suit alleged that Selig, Loria, and Samson conspired for more than two years to eliminate the Montreal franchise and move it to the United States, and that Selig had conducted mail fraud and wire fraud in the process.
The complaint further accused Loria and Samson of conspiring with baseball officials to dilute the minority partners’ share of the team from 76 percent to 6-to-7 percent and of never intending to keep the franchise in Montreal.
In response to the allegations, Loria and Samson argued that the partners’ share was decreased because the partners refused to put up additional money that was requested by Loria in cash calls that were permitted by the partnership agreement. Loria also accused the former minority partners of hypocrisy, claiming they had been unwilling to fund any operating losses since 1991 and had directed fire sales of players during the 1990s.
The case against Loria, Samson and MLB essentially ended on November 15, 2004, when a three-judge arbitration panel in New York ruled unanimously that there was no fraud or breach of fiduciary duties committed by Loria and Samson.[3] As a result of the binding ruling, the limited partners dropped their bid for an injunction against the relocation of the Expos and eventually declined to pursue the federal RICO suit.
David Samson (baseball)
I will wait for more evidence from someone with more credibility.
An early controversy of Samson's baseball career came in July 2002, when he was one of several defendants named in a federal complaint filed in Miami under the Racketeer Influenced and Corrupt Organizations Act (RICO). The complaint was filed by 14 former minority partners of the Expos against Loria, MLB Commissioner Bud Selig, MLB Chief Operating Officer Bob DuPuy, the commissioner's office, and Samson.[2]
The suit alleged that Selig, Loria, and Samson conspired for more than two years to eliminate the Montreal franchise and move it to the United States, and that Selig had conducted mail fraud and wire fraud in the process.
The complaint further accused Loria and Samson of conspiring with baseball officials to dilute the minority partners’ share of the team from 76 percent to 6-to-7 percent and of never intending to keep the franchise in Montreal.
In response to the allegations, Loria and Samson argued that the partners’ share was decreased because the partners refused to put up additional money that was requested by Loria in cash calls that were permitted by the partnership agreement. Loria also accused the former minority partners of hypocrisy, claiming they had been unwilling to fund any operating losses since 1991 and had directed fire sales of players during the 1990s.
The case against Loria, Samson and MLB essentially ended on November 15, 2004, when a three-judge arbitration panel in New York ruled unanimously that there was no fraud or breach of fiduciary duties committed by Loria and Samson.[3] As a result of the binding ruling, the limited partners dropped their bid for an injunction against the relocation of the Expos and eventually declined to pursue the federal RICO suit.
David Samson (baseball)
I will wait for more evidence from someone with more credibility.
, I would’ve did it too they throw a big bag at me like that.