A federal judge has refused to dismiss a suit against the famed Winged Foot Golf Club alleging fraudulent conduct in its treatment of shareholders of a for-profit holding company that owns the 280-acre Westchester property.
The suit asserts the club, operated as a nonprofit since 1921, has not paid fair value to the holding company to lease the two 18-hole golf courses that have hosted the U.S. Open five times.
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