Attorney General Eric Schneiderman is suing the board of directors for the Thoroughbred Retirement Foundation, a large nonprofit organizations dedicated to taking care of retired thoroughbred racehorses, for failing to take care of the 1,100 retired horses in its herd.
“New York and the nation need the Thoroughbred Retirement Foundation to succeed. But unfortunately, TRF’s board has driven this vital organization into the ground, threatening its mission and the very horses it is supposed to protect,” Mr. Schneiderman said in a statement announcing the lawsuit. “Despite my Office’s efforts to encourage reform, TRF’s current directors have proven incapable of turning around the dire situation they have created. The time has come to give new leadership a chance.” Read More