Dodgers Owner Mark Walter Faces Fraud Lawsuit Amid Federal Probe
Dodgers owner Mark Walter was named as a defendant in a Florida-based class-action filed in a Miami federal court by Ira Rosner, accusing Walter, his insurer Delaware Life, and his firm TWG Global of negligent misrepresentation, breach of contract and aiding-and-abetting fraud tied to undisclosed affiliated loans. The suit, connected to a ongoing federal probe by the SDNY and the SEC into Walter’s business empire, also cites grand-jury subpoenas to Delaware Life and related insurers and reports that the FBI seized devices from a private-plane search in Chicago. Walter’s holding company denies wrongdoing, and Dodgers officials say he has no plans to sell the team, despite other asset sales like his Lakers stake and Chelsea FC.
