Sotheby’s Wins Suit by Russian Billionaire Over Art Fraud
- Ruling caps decade old battle over art, including a da Vinci
- ‘It’s life:’ Dmitry Rybolovlev shrugs off verdict in elevator
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Sotheby’s was cleared by a New York jury of allegations that it helped a dealer defraud a Russian billionaire, likely ending a nearly decade-old battle over the often murky relationships that surround high-end art deals.
Jurors on Tuesday rejected Dmitry Rybolovlev’s claims that Sotheby’s aided and abetted fraud, following a three-week trial in federal court in Manhattan. The jury of eight women and two men deliberated for just under six hours before siding with the famous auction house on four separate claims.