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Mets owners say lawsuit 'work of fiction'

JUPITER, Fla. -- The owners of the New York Mets fired back Sunday, filing their response in U.S. Bankruptcy Court to a $1 billion lawsuit alleging they knew, or should have known, Bernard Madoff was operating a Ponzi scheme.

Trustee Irving Picard's suit seeks $300 million in what he labels "fictitious profits" -- money team owners Fred and Jeff Wilpon and Saul Katz withdrew over the principal they invested. Picard also seeks $700 million in principal because, he alleges, the Wilpons acted with disregard to indications Madoff was acting improperly.

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