Suit Accuses Warhol Foundation Of Driving Up Prices

“In the 1990s,” the Andy Warhol Foundation for the Visual Arts “was dogged by accusations of financial chicanery, resulting in investigations by the state that led to bitter probate hearings but ultimately no charges. Now, however, a New York filmmaker, who owns a minor Warhol, has used those accusations as a loose springboard for a lawsuit,” which “contends that the foundation has waged a 20-year conspiracy to bend the art world to its will and, by way of ‘enforcers,’ ‘secret meetings’ and doctored files, has tried to win ‘total domination’ of the Warhol market.”