Pension fund says FL Panthers owner Viola used control of Virtu to siphon hundreds of millions of dollars away from public investors



Vincent Viola

By Dan Christensen, FloridaBulldog.org

The billionaire owner of the Florida Panthers hockey team, Vincent Viola, is at the center of a Delaware lawsuit that alleges he’s used his control of a large publicly traded financial services company to improperly divert hundreds of millions of dollars to himself, his family and his cronies.

The suit asks a judge to force the company, Virtu Financial Inc., to produce its books and records for inspection by the plaintiff – the pension fund of Toledo, Ohio’s Iron Workers Local No. 55 – which suspects it’s been cheated.

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Pension fund says FL Panthers owner Viola used control of Virtu to siphon hundreds of millions of dollars away from public investors
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Read More
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Flood of Russia-Ukraine war refugees leads to severe overcrowding at Miami-Dade school
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Broward prosecutors want to put 'justice center' boss and notorious ex-BSO deputy Bleiweiss behind bars till he’s almost 80
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Florida’s red flag gun law enforced haphazardly five years after Parkland massacre inspired legislation, research shows
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Ron DeSantis accused of illegal acts of torture against Guantanamo detainees when he was a Navy JAG officer
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