Michael Monus, a former part-owner of the...
Michael Monus, a former part-owner of the Colorado Rockies claims he was groggy from medication when he sold his share in the team and wants to recoup a loss of more than $20 million, his lawyer said in U.S. Bankruptcy Court.
Monus, the former president of the Phar-Mor discount drugstore chain, is suing Rockie investors to recoup money he believes he lost because he sold his stock for what he alleges was less than fair value, attorney Mark Cohn said.
Michael McCarthy, the lawyer for investors named in the lawsuit, said investors gave Monus full value because they paid off potentially crushing debts Monus incurred to buy into the team.
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