Failure to disclose water seepage and
mold in a California home sale results in $2.7 million judgment against
The Associated Press, Oct. 5,
LOS ANGELES -- A former Los
Angeles Lakers coach has been ordered to pay more than $2.7 million for
failing to disclose water seepage and mold in the Pacific Palisades home
sold to a money manager in 2007.
City News Service reports a Los
Angeles Superior Court panel found Friday that Rudy Tomjanovich and his wife
acted with malice toward Steven Bardack, the founder of Strata Capital.
A second phase is set to begin
Tuesday to determine if Bardack should be awarded punitive damages.