Less than two weeks ago, Lenny Dykstra filed a $100 million suit against JPMorgan née Washington Mutual, claiming it was the bank that caused Nails to lose millions due to “predatory lending” and it is Jamie Dimon who should be losing sleep at night over the fact that Nails lives in the back of a Chevelle and can no longer afford to fly private. Last week he decided to take it all back.
Lenny Dykstra has dropped his $100 million predatory lending lawsuit against JPMorgan Chase & Co, and the bank has reached an agreement with a bankruptcy trustee to let it foreclose on the former baseball center fielder's California mansion, court filings show...It is unclear why Dykstra dropped the lawsuit after just nine days. The dismissal was disclosed in a Friday filing in Manhattan federal court. The JPMorgan agreement was disclosed in a March 23 filing in a California bankruptcy court.
Okay sure BUT WHY? Did LD drop some acid and hallucinate a giant Twizzler telling him to pick and choose his battles? Did the legal team at Nails Investments urge him to drop the case? Did Jamie Dimon, who recently started making house calls (or car calls, as it were) beat some sense into him? These things don't just come about organically. What happened here?