Jess Jackson

News, Articles, Videos and other content about Jess Jackson

Curlin Has Asmussen Dreaming of Derby Once More

When 2007 began, trainer Steve Asmussen was having Triple Crown dreams about a colt named Tiz Wonderful. Those dreams were dashed when the son of Tiznow injured his right front tendon and was sent to the sidelines, and it looked as if Asmussen would be watching the spring classics alongside his talented runner.

Peace Chant to Try L.A. Handicap After Smart Win

Following a win in an allowance/optional claiming sprint Friday at Santa Anita, Peace Chant, whose parents were Breeders' Cup winners, will probably return to graded stakes competition next month at the upcoming Hollywood Park meeting.

Headley Reaches Settlement in Jackson Lawsuits

Defendant Bruce Headley has reached an out-of-court settlement with Jess Jackson in the billionaire horseman's high-profile lawsuits, and has apparently agreed to cooperate in the investigation against his former associates.

Compromise Tables Legislation Backed by Jackson

Proposed Kentucky legislation that sparked controversy in the Thoroughbred auction community was tabled Feb. 14 after a compromise was reached between the bill's backers and several entities related to the commonwealth's signature industry.

Officials Meet on Proposed Kentucky Legislation

Negotiations over proposed Kentucky legislation that would require disclosure of ownership and veterinary records of horses sold at public auction were held Feb. 13 at Keeneland in Lexington, with some tentative settlement plans discussed that would table the bill for at least a year.

Impressive 3-Year-Old Winner Curlin Sold

The impressive 3-year-old maiden winner Curlin left trainer Helen Pitts' Gulfstream Park barn Thursday for trainer Steve Asmussen's at Fair Grounds in New Orleans following the completion of a private sale by Midnight Cry Stable to Satish Sanan, Jess Jackson and George Bolton.

Consignors Added to McIngvale Lawsuit

Racehorse owner James McIngvale has expanded his high-profile lawsuit against three horsemen to include several consignors allegedly involved in claimed fraudulent public auction transactions.

Survey Says: Require Agents to Disclose Commissions

A recent survey of Thoroughbred horse owners, breeders, managers, trainers, and bloodstock agents shows overwhelming agreement that bloodstock agents should be required to disclose the commission rates they receive to both the buyer and seller.

Sauque Seeks Dismissal from Second Jackson Lawsuit

Tentatively dismissed from Jess Jackson's high-profile fraud lawsuit in California, international bloodstock agent Frederic Sauque seeks similar action in a related Kentucky lawsuit involving the sale of the former Buckram Oak Farm, according to documents recently filed in federal court.

Report Outlines Questionable Practices in Buckram Oak Deal

The Kentucky Real Estate Commission says that four of the principal defendants named in Jess Jackson's prominent fraud lawsuit violated state laws in providing unlicensed real estate services to the California vintner and horseman in connection with the $17.5 sale of the former Buckram Oak Farm near Lexington.

Jackson Tells Forum He Is Still Pushing for Reform

Jess Jackson reaffirmed his passionate commitment to help clean up unscrupulous tactics in the sales and auction industry Nov. 3 as part of an all-star cast discussing issues in the "Thoroughbred Industry Forum 2006" at Churchill Downs.

All Signs Remain Up at Keeneland September

The fourth session of the massive 14-day Keeneland September yearling sale ended on a positive note Thursday with the Central Kentucky auction house realizing increases in gross, average and median. The sale company also reported across the board cumulative increases.

Jackson to Push for Licensing of Bloodstock Agents

Jess Jackson, the California winemaker who has been pushing for ethics reform in public and private horse sales since filing suit against three former advisers last September, should have felt right at home Wednesday while addressing a roomful of attorneys attending the University of Kentucky Equine Law Seminar in Lexington.

Jackson Complaint Amended Concerning Alleged Role of Pessin

Attorneys for California winemaker Jess Jackson, who has sued five former bloodstock advisers and agents and the Buckram Oaks Holdings of the late Mahmoud Fustok for alleged fraud in bloodstock and farm purchases, have amended their complaint with regard to three paragraphs relating to Lexington veterinarian Arnold Pessin.

Attorneys Exchange Verbal Punches in Jackson Lawsuit

Attorneys for Emmanuel de Seroux and his Narvick International bloodstock agency issued a statement late Tuesday saying their client has done nothing wrong and, in fact, is owed money by Jess Jackson, the California winemaker who sued de Seroux and five others for alleged fraudulent misrepresentation in numerous bloodstock transactions from 2003-05.

Kentucky Senate Passes Dual-Agency Legislation

Legislation that would protect buyers and sellers in equine transactions unanimously passed the Kentucky Senate March 15 and now heads to the House of Representatives for concurrence. The House previously approved a different version of the bill.

New Defendants, Fraud Charges Added to Jackson Suit Against Ex-Advisers

Attorneys for Jess Jackson have named three additional defendants and new fraud charges involving the wine magnate's bloodstock acquisitions and purchase of the former Buckram Oak Farm in Kentucky in a motion for leave to file an amended complaint to the Superior Court of California in San Diego. The motion was filed March 9.

Dual Agency Bill Heads to Kentucky Senate Floor

Legislation that would protect buyers and sellers in equine transactions is on its way to the floor of the Kentucky Senate, though one lawmaker plans to offer two amendments. Meanwhile, horse industry representatives planned another meeting to hammer out a compromise on some language in the bill.

KEEP Supports Legislation on Dual Agency

The Kentucky Equine Education Project has given its support for legislation that would make it unlawful for anyone to represent both buyer and seller in a transaction involving horses without written permission of both parties.

Jackson Meets With Senate Republicans on Legislation

California vintner and Thoroughbred owner Jess Jackson met with Kentucky Senate Republicans Jan. 26 to discuss legislation that would make it unlawful for anyone to represent both buyer and seller in a transaction involving horses without written permission of both parties.

Bill Would Seek to Protect Kentucky Horse Buyers

A bill designed to protect horse buyers from being defrauded has been introduced in the Kentucky House of Representatives by Democratic Rep. Denver Butler of Louisville. The legislation has the backing of California vintner Jess Jackson, whose lawsuit against agents Emmanuel de Seroux and Brad Martin and trainer Bruce Headley alleged fraud in private and public auction purchases made on behalf of Jackson.

Anatomy of a Stallion Deal: Afleet Alex to Gainesway

The circumstances surrounding where dual classic winner Afleet Alex would stand at stud began the week after Thanksgiving and moved quickly, culminating in Sunday's announcement that the colt would go to Gainesway Farm near Lexington, Ky.

Boom Town

By Ray Paulick - The boomers are coming! The boomers are coming! And that should be nothing but good news for Thoroughbred racing and breeding.

Roar Emotion Brings $2.4 Million

Roar Emotion, a 5-year-old multiple grade II winning daughter of Roar, was purchased by Jess Jackson's Stonestreet Mares for $2.4 million to top the early portion of Monday's session of the Keeneland November breeding stock sale.

Fasig-Tipton October Harvest Shows Market Color

Amid continued high buyer demand, the expanded Fasig-Tipton Kentucky Fall Yearling Sale concluded Wednesday with the auction house posting across the board gains when compared to its two-day cataloguing last year. Held over three days, cumulative figures showed substantial improvement over the company's 2004 sale in gross, average, and median prices.

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