Monday, April 7, 2008
The New York Observer is reporting that a Brooklyn activist has filed a $5 Billion dollar reparations lawsuit against Bruce Ratner, Barclays and Jay-Z. The suit claims that there should be a lien on their property and that the funds should go toward reparations.
The three defendants in the lawsuit are connected through an interest in the Atlantic Yards Project, taking place in Brooklyn. Ratner is planning to build 6,000 apartments and a new arena for the New Jersey Nets.
Campbell, in his lawsuit, claimed that Barclays and Jay-Z, working together, "profited from the African Slave Trade and continue to profit from these gains, through a conspiracy dating back hundreds of years and continue to date to oppress black people, enslave them, [and] unlawfully deport them to all corners of the Earth."
Campbell's group is called Da Black Defense League and they originally filed their suit back in October. Ratner's group has dismissed the lawsuit as being without merit.
Posted by Mathew Couch at 5:29 PM