MSG Settles Harassment Suit For $11.5M

Law360, New York (December 11, 2007, 12:00 AM EST) -- Madison Square Garden LP has reportedly agreed to pay $11.5 million to settle charges that it retaliated against a former executive after she accused New York Knicks head coach Isiah Thomas of sexual harassment.

The settlement comes about two months after a federal jury handed plaintiff, Anucha Browne Sanders $11.6 million in punitive damages.

In addition to carving $100,000 out of the jury verdict, the settlement stops Browne Sanders from seeking an extra $9.6 million in compensatory damages and millions more in attorneys' fees, according to...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.