KKR Withdraws IMG Bid Bornstein, Shapiro Advising Competing Bids For IMG CAA Out Of Hunt For IMG Second Round Of Bids For IMG Were Due Thursday IMG Media Details N.Y. Marathon Plans IMG Academy Profiled By NBC WPP Will Not Bid On IMG IMG Bidders Down To 10 First Round Of IMG Bids Due Next Week CVC Capital Plans Joint IMG Bid
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SETS, LIES AND VIDEOTAPE? PLOT THICKENS IN IMG/SCHWARTZ CASE
Published March 12, 1999
IMG, which recently filed suit against former VP/Racquet Sports Jeff Schwartz for "allegedly stealing" three tennis clients, "says it caught" Schwartz on videotape "raiding company files a week before he left the firm," according to Bill Lubinger of the Cleveland PLAIN DEALER. IMG "filed a motion" in U.S. District Court in Cleveland "requesting the immediate return" of documents that are "estimated" to be worth at least $75,000 and contain "highly confidential trade secrets." The motion claims the files, which are "believed to be at Schwartz's Manhattan apartment or office," include sponsorship contracts and agreements with clients Pete Sampras, Marcelo Rios and Martina Hingis. Schwartz's attorney Steven Miller said Schwartz "didn't take anything he wasn't entitled to." A hearing on the motion is set for March 23 (Cleveland PLAIN DEALER, 3/12).