Longtime Universal boss Ron Meyer sues art dealer over 'forged' Mark Rothko painting.
has filed a $10 million lawsuit against two art dealers, claiming they sold him a forged Mark Rothko painting.
In 2001, Meyer purchased the Rothko for $900,000 from New York dealer Susan Seidel, after another dealer, Jamie Frankfort, introduced them. Frankfort received a 5% commission, or $45,000, for brokering the deal, according to the lawsuit filed this week in Los Angeles Superior Court. The lawsuit alleges that Seidel misrepresented the work as a signed Rothko to Meyer, falsely claiming that it would be included in the artist’s catalog then in the process of being compiled, and said it had been acquired directly from the seller’s family.For the past 18 years, the Rothko has hung in Meyer’s California home.
According to the complaint, Meyer learned in January of this year that, “Contrary to the representations of Seidel, known to and approved by Frankfort, the painting is not, in any part, the work of Rothko, but is a total forgery, that it has essentially no value at all, that it had never been accepted for inclusion in the Rothko Catalogue Raisonné and that it had never been owned, possessed, signed or even seen by Rothko or acquired from Rothko by the seller or the seller’s family or...
In 2006, two years after actor Steve Martin sold the 1915 Heinrich Campendonk that he bought from a Paris gallery for $850,000, it was discovered to be a fake. Martin had had the painting, “Landscape With Horses,” authenticated but it was later discovered to have been part of a
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