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Mets Owners Again Seek to Have Madoff Trustee’s Suit Thrown Out

Owners of the New York Mets baseball team renewed their request that a $1 billion lawsuit by the liquidator of Bernard Madoff’s firm be thrown out after a judge said the trustee may have erred in demanding money from them.

Fred Wilpon and Saul Katz said yesterday in a court filing that the trustee, Irving Picard, wasn’t entitled to take back principal or so-called fictitious profit they made in Madoff’s Ponzi scheme. Picard argued they should have investigated the fraud.