Closed New York Gallery Settles Suit Over ‘Forged’ Pollock
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Manhattan’s Knoedler & Co. art gallery, which closed last year, agreed to settle a lawsuit by hedge fund manager Pierre Lagrange over an allegedly forged Jackson Pollock painting he bought for $17 million.
Lawyers for Lagrange, the gallery and the gallery’s former director, Ann Freedman, yesterday filed a stipulation to dismiss the case in federal court in Manhattan. Terms of the settlement are confidential, Nicholas Gravante, Freedman’s lawyer, said.