Oppressed Caruso even richer

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As per LAO, Mall Developer Rick Caruso recoups some of his expensive campaign costs associated with getting his Americana project in Glendale through a referendum process, Times reports:

Caruso gets $74 million in justice

When the owner of the Glendale Galleria pressured the Cheesecake Factory not
to move into developer Rick Caruso's adjacent Americana at Brand shopping
mall, he sued. The jury awarded Caruso $74 million in compensatory damages
for "fraud, malice and oppression."

For awhile, Caruso's proposed Shops at Santa Anita in Arcadia looked headed in the same direction, but a referendum appears off the table with owner of adjacent-mall Westfield Santa Anita opting instead for the litigation route.

1 Comments

rf g-r said:
Perhaps he should threaten to open a strip club.

UNDER THE DOME

Dan Abenschein
Pasadena -- news, politics and gossip. Send tips, rumors, rants to Dan Abendschein dan.abendschein@sgvn.com.

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This page contains a single entry by Todd published on November 12, 2007 11:26 AM.

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