Thursday, October 14, 2010

Federer Named in Lawsuit Against IMG

by Savannah

The gossip site TMZ has reported the following:

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A blockbuster lawsuit was just filed against the company that manages Roger Federer and Tiger Woods, alleging the owner of the company bet millions of dollars on sporting events, used inside information to wager on a Federer match and bet against his own client, Tiger Woods.

IMG -- one of the biggest sports management companies in the world -- is being sued by a printing company, which allegedly served as a gambling go-between and even provided escorts for the owner of IMG, Theodore Forstmann.

According to the suit, filed in L.A. County Superior Court and obtained by TMZ, Agate Printing, Inc. claims it made millions of dollars in bets on Forstmann's behalf, and that Forstmann covered some of his losses on IMG accounts.

The suit claims Forstmann actually bet against some of his own clients -- in particular Tiger Woods. In one case Forstmann allegedly bet against Tiger when he was competing against Vijay Singh, a "so-called close personal friend" of Forstmann and client of IMG at the time.

The suit alleges Forstmann loathed Tiger, often referring to him and other African Americans as "schwartzas" -- and allegedly making other derogatory comments about "blacks, Jewish people, and other minorities." The suit alleges Forstmann also criticized Woods' lifestyle decisions.

And the suit goes on, alleging tennis star Roger Federer gave Forstmann inside information about a tennis match in which Federer competed. The suit claims in one case Forstmann raised his bet from $10,000 to $40,000 after receiving the inside info from Federer. We're told the match in question was the 2006 French Open final. Ironically, Federer lost to Rafael Nadal.

The reason Agate filed suit -- because Forstmann allegedly breached an agreement to give his company printing business. Agate also claims Forstmann left his company holding the bag on tax liabilities for the gambling losses.

Forstmann's rep, Michael Sitrick, tells TMZ, "The allegations in James Agate's complaint are beyond false, they are preposterous." Sitrick also says in an April, 2009 letter, Agate admitted concocting lies and spreading false information about Forstmann.

Sitrick says Agate filed a similar lawsuit against Forstmann in 2008 which was dismissed. And Sitrick says, "Unfortunately, people like Agate look at people like Forstmann as the lottery."

No immediate comment from Federer's rep.


This story broke on Wednesday evening. Nothing has been added to the information above.

2 comments:

TennisAce said...

LMAO. You know I would have given this lawsuit some amount of credence in relation to the allegations of betting scandal if but for a few reasons: 1. Roger Federer hates to lose. 2. Roger Federer hates to lose to Rafael Nadal. 3. Roger Federer hated to lose that French Open final of 2006 to Rafael Nadal. Shall I go on?

Perhaps if they had mentioned that Cincy match in 2008 or thereabouts when Carillo and company alleged that Federer had tanked a match I would not be busting my gut laughing out loud at this preposterous claim.

What really irritates me though is just how gullible some people are. It is one thing to allege that Federer is an arrogant ass who hates to lose, but does anyone who has not been living under a rock and who has not been watching tennis sincerely believe that Federer would have thrown a match in 2006, and at the French Open no less, for the measly sum of $40,000. That is probably what Mirka spends on a daily basis.

If he had won the French Open in 2006 he would have completed not only the Career Slam that year but he would have also won the true Grand Slam as he went on to win 3 majors that year and basically killed the field in 2006.

I just don't get it. Do people actually think about these things.

lynney62 said...

I'm not, in any way, a Federer fan but......I completely agree with all the points made by Tennisace. The whole suit premise is laughable.