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Thursday, 18 September 2014 11:38

Arizona Art Gallery Sued Over Warhol Sale

A Scottsdale art gallery sold an Andy Warhol "Red Shoes" painting it was storing for a couple despite being told it could not sell the piece, the couple claims in court.

Amy Koler and Stephen Meyer sued American Fine Art Editions, Phillip Koss, Jacqueline Carroll, and Jeff Dippold in Maricopa County Court, alleging conversion and breach of fiduciary duty.

Koler and Meyer say they bought the Warhol from American Fine Art Editions in 2005 for $65,000.

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