TRF drops lawsuit against Mellon estate
The Thoroughbred Retirement Foundation dropped its lawsuit against a Mellon state executor who had, according to TRF, vilified the company, reports the Daily Racing Form. TRF had alleged that the executor, Frederick A. Terry, had made “false and defamatory allegations of impropriety” to the charity’s auditors, the New York attorney general and others in the horse industry. The TRF stated that it dropped the lawsuit because it had demonstrated to donors and the racing community that Terry’s allegations were false. By dropping the lawsuit, the group said it can focus attention and resources on the animals in its care.
Terry’s attorney, Robert Giuffra, said: “This lawsuit was frivolous when filed, and TRF had no choice but to abandon it just two days before Mr. Terry was scheduled to move to dismiss it.”