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Top horse's owners indicted on new federal charges

04-09-2008 - 08:05

A federal grand jury has issued new indictments against two part-owners of 2007 Horse of the Year Curlin.

Attorneys William Gallion and Shirley Cunningham Jr. are accused of defrauding clients of $94 million after winning a settlement from manufacturers of the diet drug fen-phen.

A jury couldn't reach a verdict against them in July during a trial on charges of conspiracy to commit wire fraud. The new indictment charges the men with eight counts of wire fraud.

Cunningham's attorney, Steven Dobson, questioned whether Wednesday's indictment was a result of vindictiveness from prosecutors who failed to get a conviction.

The two defendants bought Curlin, winner of last year's Preakness, in 2004 before selling an 80 percent interest.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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