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Dodgers owner Mark Walter’s legal troubles deepen with wave of new lawsuits

Reported by Grant Young, New York Post

Image: New York Post

The Los Angeles Dodgers being in a 2-0 NLCS hole isn’t Mark Walter’s only worry right now. The Dodgers’ controlling owner and chairman was hit with a lawsuit that alleged he and two of his insurers, Clear Spring and Gainbridge, sold annuities based on misrepresentations and false promises. The lawsuit was filed on Monday by Los Angeles retiree Rick Phillips, who is requesting that he and other Clear Spring and Gainbridge policyholders either gets release from their annuity contracts without penalty or, according to the Wall Street Journal’s Heather Gillers, “reimbursed for the difference between what they paid and the…

This is an excerpt. The reporting belongs to New York Post.

Read the full report on nypost.com
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