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A hedge fund-backed art dealer just lost an $11 million ruling to Sotheby’s over an allegedly fake painting
The lawsuit involves a painting attributed to Dutch artist Frans Hals. A partner in the sale was ordered to repay Sotheby's $4.2 million in April.
Sotheby's New York just sold Claude Monet's 1890 painting "Meules" for $110.7 million.
David Hockney became the world's most expensive living artist after one of his most famous works was sold for $90.3 million by billionaire Joe Lewis.