January 2014: New Jersey Federal Court grants Grayson a $353,500 default judgment against Phillip W. Knight
Phillip W. Knight – The Trauma of Financial Rape – this true and emotional story memorializing one’s experience with Phillip W. Knight. Knight was sent a copy giving him ample time to refute any of the content.
Sept 25
Knight requests a face-to-face meeting and advises he will be in New Jersey on the 5th of October. During the meeting Knight takes full responsibility as a fiduciary and is quoted as saying:
5 Oct. 2010 Knight says: “I broke the trust and I apologize.”, “I will sort it out with you…”. He further adds when asked why he did not return the money in 4 years: ‘You know I can’t tell you what the exact circumstances were at the time, Liz, but they’re genuine now…..” He went on to propose a settlement. Have a listen.
19 Oct. 2010 Knight has Grayson served. Grayson learns that Knight had previously engaged attorney William A. Zeitler of Virginia regarding Complaint Case No. 1:10cv887 originally filed 9 August 2010 and amended 19 October 19th at which time the Defendant was served. His words and offer ‘I will sort it out with you…” were his usual scam… totally meaningless.
November 2011 – Knight’s Complaint Case No. 1:10cv887 was dismissed. Grayson wins the case.
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