Elder Haft Wins Hefty Award From Jury
The latest chapter in the Haft family feud has ended with a jury award of $10.4 million to Herbert Haft, the deposed head of a real estate empire.
The elder Haft won the judgment against his son, Ronald, as compensation for being forced to step down as chairman of Combined Properties Inc.
But the jury also decided that Herbert Haft must pay $117,001 to his son and $2.7 million to Combined Properties for improperly interfering with its operations.
The Haft family, whose fortune was built around the Dart Group Corporation and Combined Properties, has been feuding since 1993 when founder Herbert Haft fired his son, Robert, as president of Dart and replaced him with Ronald.