Former LU foundation gears up for legal fight with University
An attorney representing the 62nd and 65th Regiments Legacy Foundation told ABC 17 News the nonprofit group has hired separate legal council in anticipation of a lawsuit against Lincoln University.
The formerly known “Lincoln University Foundation” retained St. Louis law firm Dowd Bennett Monday, one day after its former namesake college released a statement on the status of its fundraising strategy.
It comes several weeks after the university abruptly cut ties with the foundation, ending a partnership of nearly 50 years.
Leaders of the rebranded organization held a press conference Friday saying their repeated demands for the foundation’s financial records, fundraising information and donor list were ignored by the college.
In the university’s vague press release Sunday, spokesperson Misty Young said the institution would be, “collecting certain records requested by the Foundation and will provide same to the Foundation as soon as reasonably possible.”
Attorney James Tippen said Tuesday that if the University fails to turn over all of the information that the foundation requested, a lawsuit will be “imminent.”
Tippen also said the lawsuit would be funded by the board members.
ABC 17 News will continue to follow this story.
