Grasso case “over” as court dismisses claims
Former New York Stock Exchange chief Richard Grasso won a knockout victory on Tuesday in his four-year fight to keep every last penny of his $187.5 million pay package, as an appeals court threw out the state’s remaining claims against him.
The ruling, Grasso’s second court victory in the past week, prompted New York Attorney General Andrew Cuomo to throw in the towel.
The New York Supreme Court’s appellate division, in a 3-1 vote, dismissed two legal claims against Grasso brought by former Attorney General Eliot Spitzer in 2004.
