International Thoroughbred Breeders, which sold Garden State Park in New Jersey to a real estate development company in November for $30 million, is bracing for a civil action and a probe of "certain current and former officers" by the Securities and Exchange Commission.
Friday, June 15, 2001Robert Brennan, who formerly operated the Due Process Stable racing and breeding entity and was chairman of International Thoroughbred Breeders Inc., was arrested at his home in Colts Neck, N.J. on Tuesday and charged with bankruptcy fraud.
Wednesday, August 02, 2000