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 – the true and emotional story memorializing one’s experience with Knight. Knight was sent a copy giving him ample time to refute any of the content.
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 aplogize.”, “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 and learns 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.
November 2011 – Knight’s Complaint Case No. 1:10cv887 was dismissed. Grayson wins the case.