Houston Baseball Partners, the owner of the Houston Astros, filed a fraud and negligent misrepresentation lawsuit against R. Drayton McLane Jr. and McLane Champions, which formerly owned the Astros; Comcast Corp.; and NBCUniversal Media, alleging it was “duped” when it bought the team and the team’s interest in a regional TV network.
“In November 2011, Plaintiff bought the Houston Astros baseball team and the network asset based on written projections prepared by Defendants, oral assurances provided by Defendants, and contractual warranties provided by Defendants. But these projections, assurances, and warranties were based on knowing misrepresentations,” Houston Baseball Partners alleges in the petition filed on Nov. 21 in the 80th District Court in Harris County.
