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Fedorov Wins Lawsuit, Hopes To Get His Money Back

from M.L. Elrick of the Detroit Free Press,

Sergei Fedorov has won his lawsuit against a Grosse Pointe Shores man he said he entrusted to invest $43 million for him over the past decade.

Fedorov sued Joe Zada last month in Wayne County Circuit Court, seeking the $60 million Zada agreed to pay him earlier this year to settle their financial dealings.

Zada previously told the Free Press—which first reported the story—that Fedorov loaned him the money. He said he valued his friendship with Fedorov but was presently unable to meet his obligation to the former Red Wings star.

Zada said he hoped to pay Fedorov the $60 million and repair their relationship.

continued

Filed in: Hockey Related Stories, | KK Hockey | Permalink
  Tags: sergei+fedorov

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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