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March trial for Madoff trustee vs. Mets

Updated: August 20, 2011, 1:32 AM ET
By Ian Begley | Special to ESPNNewYork.com

NEW YORK -- U.S. District Judge Jed S. Rakoff, who's overseeing the $1 billion suit against the owners of the New York Mets, said Friday that he will rule on whether the case will go to trial by the end of September.

The suit, brought on by Irving Picard, seeks to recover approximately $300 million in "fictitious profits" that the Wilpons and other associates of their firm, Sterling Equities, allegedly gained through Bernie Madoff's Ponzi scheme. It also aims to recoup $700 million invested ...

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