Lawsuite Puts Shopping Mall Titan on a Hot Seat

Cleveland Scene | March 23, 2005
Business magnate Dick Jacobs' nephew has filed a lawsuit accusing his uncle of taking or misspending as much as $448 million from family trusts, much of it to prop up failed real-estate investments in downtown Cleveland.

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In 1970, Richard Kabat saw an opportunity for an entertainment-centric weekly and launched Cleveland Scene with a loan from his brother. Then he and his inexperienced staff held on long enough to catch one of the last waves of money...
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