NEW YORK -- The Wilpons have asked a judge to unseal Irving Picard's pending complaint against them, according to a letter from lawyer Karen Wagner. The Mets released a copy of the letter late Thursday evening.
Citing what she called "one-sided and misleading information" that The New York Times recently gathered and published from two unnamed lawyer sources, Wagner requested that the complaint be unsealed "as soon as practical." Once that exercise is completed, perhaps as soon as Friday, significant detail should surface regarding Picard's complaint against the Wilpons.
"The defendants have strong objection to the heated rhetoric and unfounded conclusions in the complaint," Wagner wrote in her letter. "Nonetheless, the objective of keeping the complaint sealed are [sic] no longer being served, so defendants consent to its immediate unsealing."
The Wilpons have ceased settlement negotiations with Picard, a trustee overseeing the liquidation of Bernard Madoff's former firm, and are scheduled to go to a hearing on Wednesday. Citing two lawyers, the Times reported last week that Picard is seeking to recoup hundreds of millions of dollars from approximately 100 financial entities under the control of Mets owner Fred Wilpon, his son, Jeff, and team president Saul Katz.
The Wilpons announced on Jan. 28 that as a result of Picard's complaint against them, they are considering selling up to a 25-percent stake in the Mets.