IRS seeks $6.5 million from Duke lacrosse settlement

Colleges & Universities Duke University
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<p>“The Internal Revenue Service has filed a $6.5 million tax lien against Reade Seligmann for 2007, the same year the former Duke lacrosse player settled with the university over its handling of rape allegations against him and two other players. But a Charlotte lawyer who represented Seligmann during the criminal proceedings said that his client paid the tax and that the lien is incorrect. . . If Duke made identical settlements with former players Colin Finnerty and Dave Evans, the total payment may have topped $50 million.”</p>

<p>I wonder if that money came out of the endowment.</p>

<p>[IRS</a> seeks $6.5 million from Duke lacrosse settlement - Education - NewsObserver.com](<a href=“http://www.newsobserver.com/2011/02/25/1012573/irs-seeks-65-million-from-duke.html#disqus_thread]IRS”>http://www.newsobserver.com/2011/02/25/1012573/irs-seeks-65-million-from-duke.html#disqus_thread)</p>

2

<p>Insurance exists for things like this.</p>

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<p>The NewObserver reported in a February 23, 2011 Article

</p>

<p>Insurance only pays if you don’t violate the terms of your policy.
Wonder what Duke’s Premium is now!</p>

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<p>That’s what you get for throwing your own students under the bus who did absolutely nothing wrong, Duke. The settlement money should have come out of the paychecks of the 88 professors who publicly vilified the lacrosse players with no evidence whatsoever.</p>