IEAH

IEAH’s Ruffian Equine Medical Center closed for business

The Ruffian Equine Medical Center, located adjacent to Belmont Park in Elmont, N.Y., has closed for business. Opened in 2009 at a cost reported at $18 million, the REMC was built by International Equine Acquisitions Holdings, the racing stabled operated by Michael Iavarone, Richard Schiavo and a group of investors, some of whom are involved […]

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Fur flies in lawsuit involving investor, IEAH suitor

Matthew Szulik, the Red Hat software entrepreneur who sued IEAH Stables partner James Tagliaferri and his TAG Virgin Islands money management firm for $60 million for investing his money in the New York-based racing stable and other high-risk businesses, has struck back against Jason Galanis, who in turn filed a suit against Szulik for blocking […]

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Plot thickens for IEAH with filing of second lawsuit

Accusing him of blowing up Gerova Financial Group’s IEAH buyout offer as part of a tax-evasion scheme, venture capitalist and consultant Jason Galanis filed suit against Matthew Szulik who recently filed suit against James Tagliaferri, the . Galanis contends that Szulik “quickly orchestrated a campaign of disinformation” making false and misleading claims regarding Galanis. Forbes […]

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IEAH Receives Offer to “Put Itself Back at the Top”

Nothing about International Equine Acquisition Holdings ever seems simple. Last week we reported that IEAH’s purported money-man, James Tagliaferri, was being sued by the family of software entrepreneur Matthew Szulik for, among other things,  allegedly investing $20 million of his money in the racing stable without his knowledge or approval. Today,  IEAH president Michael Iavarone […]

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IEAH investor Tagliaferri sued for fraud

The somewhat mysterious money man behind International Equine Acquisitions Holdings has been sued in federal court by a wealthy software company founder for alleged fraud in connection with the investment of $60 million in what were described as high-risk companies, including almost $20 million in IEAH, and for allegedly participating in “illicit or potentially illegal […]

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Englander named IEAH bloodstock director

Two-time Eclipse Award winner Richard Englander has been hired by IEAH Stables as its director of bloodstock affiars.

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LANZMAN ON IEAH: I HATE THEM MORE THAN I LOVE THE HORSE

There’s no secret that the aftermath of I Want Revenge’s last second Derby scratch has been anything but smooth for David Lanzman and IEAH Stables. What’s shocking is the abject level of hatred being tossed around and the clear and total dysfunction of this partnership. We could recap it further but the quote above […]

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AMERICAN GRADED STAKES STANDINGS brought to you by Keeneland: OWNING THE ECLIPSE

  By Ray Paulick Eclipse Award voters seem to have developed multiple personalities over the years when it comes to their annual selection of the outstanding owner of Thoroughbred racehorses in North America. How else can you explain that the award goes to a one-horse stable some years (Dot-Sam Stable, owner of John Henry in […]

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MULLINS TO IEAH: I WANT MY MONEY

By Ray Paulick Trainer Jeff Mullins has asked the general counsel for the New York State Racing and Wagering Board for assistance in getting paid $31,336 Mullins said he is owed by IEAH Stables from I Want Revenge’s victory and related expenses from the the $750,000 Wood Memorial at Aqueduct April 4. IEAH bought […]

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