Three ClassicStar principals -- David Plummer, Spencer Plummer, and Terry Green -- have pleaded guilty to charges of conspiracy to defraud the U.S. through a fraudulent tax shelter under the ClassicStar Mare Lease Program, according to the U.S. Department of Justice.
Tuesday, October 27, 2009
Brave Tin Soldier marched from last place to win the Oct. 3 Cliff Hanger Stakes (gr. IIIT) at Meadowlands. Under Carlos Marquez Jr., the 5-year-old son of Storm Cat topped Pleasant Strike by a nose on the wire, covering the 1 1/16 miles of "yielding" turf in 1:45.52.
Sunday, October 04, 2009
A publicly-traded company with alleged ties to the parent company of ClassicStar is now a defendant in the consolidated federal civil action against the former broodmare lease operator and others.
Friday, February 20, 2009
More than two years after the first federal lawsuits were filed in connection to the former ClassicStar broodmare lease operation, efforts are being made to clear legal logjams that have impeded resolution of now multiple disputes.
Thursday, December 04, 2008
Bear Now eclipsed $1 million in career earnings with a front-running victory as the odds-on choice in the $154,614 Ontario Matron Stakes at Woodbine July 20.
Sunday, July 20, 2008
Fifth Third Bank is asking a federal bankruptcy court for assistance in taking possession of certain assets held by ClassicStar LLC, including stallion shares and income from other sires.
Friday, July 18, 2008
A federal bankruptcy judge has signed an order to convert the Chapter 11 business reorganization of ClassicStar LLC to Chapter 7 liquidation, paving the way for creditors to pursue whatever assets they can find linked to the former broodmare-lease operator.
Monday, April 14, 2008
A motion has been filed in a Kentucky federal court asking to convert the bankruptcy protection of former broodmare lease operator ClassicStar LLC from Chapter 11 business reorganization to Chapter 7 liquidation.
Wednesday, April 09, 2008
Several lawsuits pending against ClassicStar have been consolidated into a single action to be heard in Kentucky federal court, but the primary operating entity of the former broodmare-lease marketer will be temporarily exempt from litigation pending its bankruptcy action.
Tuesday, October 23, 2007
Several lawsuits pending against ClassicStar have been consolidated into a single action to be heard in Kentucky federal court, but the primary operating entity of the former broodmare-lease marketer will be temporarily exempt from litigation pending its bankruptcy action.
Tuesday, October 23, 2007
The recent filing for bankruptcy protection by ClassicStar LLC will streamline claims against the one-time broodmare lease operator, an attorney for the embattled entity says, but its effect on multiple legal actions already in the pipeline isn't exactly clear.
Thursday, September 20, 2007
After months of having fingers pointed at them, the principal parties involved in the ongoing ClassicStar legal saga are now taking shots at each other.
Friday, June 22, 2007
ClassicStar has filed a series of legal documents that both level allegations of blame against two of their former executives and make a request to consolidate a cross-country myriad of federal lawsuits into a Kentucky federal court.
Thursday, June 21, 2007
Former professional basketball player Greg Minor is among the latest to join a long list of investors who claim former broodmare lease operator ClassicStar and its affiliates caused them to lose large sums of money.
Monday, June 18, 2007
A new entity called Woodford Thoroughbreds is setting up shop at the former ClassicStar Farm near Versailles, Ky., a venture that will include the transfer of John Sykes' Cloverleaf Farm II operation from Florida.
Tuesday, June 05, 2007
John Sykes has confirmed he is moving his Cloverleaf Farm II operation from Florida to a Kentucky location, a site that is believed to be ClassicStar Farm in Woodford County.
Monday, June 04, 2007
A third federal lawsuit has been filed in relation to the one-time broodmare lease operation of ClassicStar and alleged affiliated members, a legal action that also names alleged financial advisers as defendants.
Wednesday, January 31, 2007
Saint Liam's first reported foal arrived Jan. 11 at ClassicStar near Versailles, Ky.
Monday, January 22, 2007
A federal judge has ordered ClassicStar and other defendants named in a multimillion-dollar lawsuit to produce certain documents by Jan. 26 or face the possibility of punitive measures.
Tuesday, January 09, 2007
A federal judge has signed an order that fully clears the way for horses cataloged in the ClassicStar dispersal to be sold in the Nov. 5 Fasig-Tipton Kentucky select mixed sale.
Friday, November 03, 2006
A managing partner of ClassicStar says he is not only looking forward to the company's dispersal of mares at the Nov. 5 Fasig-Tipton Kentucky select mixed sale, but to its future as a commercial breeder as well
Wednesday, November 01, 2006
Fasig-Tipton announced two late additions to its November mixed sale Nov. 5 in Lexington, the day after the Breeders' Cup World Championships.
Tuesday, October 31, 2006
A federal judge in Lexington signed an order Oct. 24 that allows parties to make selected evidence confidential in the lawsuit involving the controversial ClassicStar broodmare leasing program.
Wednesday, October 25, 2006
A federal judge in a Lexington courthouse on Oct. 3 declined to issue temporary restraining orders that might have impacted the dispersal sale of ClassicStar-affiliated horses at the Nov. 5 Fasig-Tipton winter mixed sale.
Tuesday, October 03, 2006
A hearing on motions that may impact the sale of certain horses affiliated with the controversial ClassicStar mare lease program will be heard Oct. 3 in a Lexington courtroom.
Friday, September 29, 2006
Offerings include the dams of twelve grade I winners and six grade I winners coming off the racetrack.
Tuesday, September 26, 2006
Correction to Sept. 11 story reporting on investors lawsuit against ClassicStar.
Tuesday, September 19, 2006
Individuals claiming they were bilked out of millions of dollars by ClassicStar's high-profile mare lease and breeding program are awaiting answers to a recent complaint filed on their behalf
Tuesday, September 12, 2006
A dispersal of approximately 90 in-foal mares owned by the major mare-leasing operation ClassicStar will be held during the Fasig-Tipton November select mixed sale on Nov. 5 in Lexington.
Tuesday, July 25, 2006
A day after agents from the Internal Revenue Service were at ClassicStar Farm near Versailles, Ky., the horse operation is continuing, the farm manager said today.
Thursday, February 23, 2006
ClassicStar, a venture that involves the leasing of mares, is continuing to operate after an announcement that David Plummer and his son, Spencer, are no longer associated with the outfit.
Tuesday, February 07, 2006
While the horses for the first two sessions of the Keeneland November Breeding Stock sale were grouped together in one catalogue, Monday's first day and Tuesday's second session resembled "a tale of two sales."
Tuesday, November 08, 2005
Champion and millionaire Xtra Heat foaled a Gone West chestnut colt shortly before midnight April 16 at ClassicStar near Versailles, Ky.
Monday, April 19, 2004
When Johar finished in a dead-heat with High Chaparral for first in the John Deere Breeders' Cup Turf (gr. IT) on Oct. 25, it was one of the closest and most exciting races in the 20-year history of the Breeders' Cup and left racing fans buzzing for days. The excitement from that race extended into the sales ring during Tuesday's second session of the Keeneland November Breeding Stock in Lexington, Ky. as Windsharp, Johar's dam, brought a top bid of $6.1 million.
Wednesday, November 05, 2003
Fasig-Tipton's Saratoga yearling sale rebounded big time in 2003. All of the major indices for the three-day venue saw marked advances over last year's down sale and returned to the general numbers seen in 2000.
Friday, August 08, 2003
Champion Xtra Heat, who was bought privately by S. David Plummer and partners' ClassicStar last November for $1.5 million, has been pronounced in foal to leading sire Gone West.
Tuesday, June 03, 2003
Barclay Tagg to judge Grand Champion Maryland yearling show... Cincinnati Therapeutic Riding and Horsemanship to visit River Downs Saturday.
Wednesday, May 21, 2003
Champion Xtra Heat has been booked to Gone West and will be bred Saturday, said John Freston, racing manager for David Plummer and partners ClassicStar Farm.
Wednesday, May 07, 2003
Making her first appearance since being sold privately last month, champion Xtra Head will line up for the $75,000 Garland of Roses at Aqueduct Saturday.
Friday, December 13, 2002
The days of big across-the-board increases at the Keeneland November breeding stock sale may be gone. But this year's auction performed "slightly ahead of expectations" during its first two sessions, according to the company's director of sales, Geoffrey Russell.
Tuesday, November 05, 2002
After an unsuccessful trip through the sales ring at the Nov. 3 Fasig-Tipton November select sale, champion Xtra Heat has found a new home.
Tuesday, November 05, 2002
