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Irving Picard

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The lawsuit claimed that the Mets owners repeatedly ignored warnings that Madoff was a fraud.

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Fred Wilpon alleges that Irving Picard fabricated evidence in order to force a $1 billion settlement.

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Members of a federal panel reportedly mocked arguments by Mets legal counsel in their dispute with the trustee for the victims of Bernard Madoff.

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Bernie Madoff said Mets owners were in the dark about fraud, but banks "had to know."

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Irving Picard, the trustee representing Ponzi schemer Bernie Madoff's victims, is suing the Mets owners for $300 million.

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The judge approved a $7.2 billion deal from the estate of Jeffry Picower, to benefit Bernie Madoff's victims.

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Jeffry Picower ran a foundation connected with Madoff and was accused by investors of profiting from his scheme.