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Texas A&M Foundation Sued by Former Students, Donors

Posted/updated on: March 14, 2015 at 5:08 am
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Texas A&M FoundationMARSHALL (AP) — Former Texas A&M University students has filed a lawsuit against the 12th Man Foundation, seeking to protect their ticketing and seating rights in the school’s $485 million expansion of its stadium. Reports say that the lawsuit accuses the foundation, which is overseeing the reseating at the stadium, of reneging on endowment agreements in an effort to get more money out of longtime donors. The lawsuit also seeks to represent holders of about 450 donor agreements that account for about 1,700 stadium seats at Kyle Field. Endowment agreements allow donors to receive long-term rights to prime football tickets and parking rights near the stadium. Mark Riordan, vice president of marketing and communications for the foundation, said the group will not comment pending litigation.



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