Art Company Owner Investigated

Former art gallery owners said that after they had invested tens of thousands of dollars each or more, artist Thomas Kincade's art company's practices and policies drove them out of business. They alleged they were stuck with unsalable limited edition art prints, forced to open additional stores in saturated markets and undercut by discounters that sold identical art works at prices they were forbidden to match. Some also have accused Kinkade — touted as the most widely collected living U.S. artist — of scheming to devalue his public company, Media Arts Group Inc., before taking it private two years ago for $32.7 million. For the full story - click the title Irish Art