Warhol Group Ends 3-Year Battle With Collectors

Law360, New York (November 15, 2010, 5:22 PM EST) -- Two art collectors have admitted they have no evidence to back up allegations that the Andy Warhol Foundation for the Visual Arts conspired to drive up the price of the artist's work by denying the authenticity of purported Warhols.

Magistrate Judge Andrew J. Peck of the U.S. District Court for the Southern District of New York signed off on an agreement Monday that called for plaintiffs Joe Simon-Whelan and Susan Shaer to drop their suits against the foundation and agree their claims never had merit, following...
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