Oct 6, 2012 12:32 AM by CJ, The Associated Press
LOS ANGELES (AP) - A former Los Angeles Lakers coach has been ordered to pay more than $2.7 million for failing to disclose water seepage and mold in the Pacific Palisades home sold to a money manager in 2007.
City News Service reports a Los Angeles Superior Court panel found Friday that Rudy Tomjanovich and his wife acted with malice toward Steven Bardack, the founder of Strata Capital.
A second phase is set to begin Tuesday to determine if Bardack should be awarded punitive damages.
Tomjanovich came to Los Angeles to replace legendary Laker coach Phil Jackson and bought the home from "Girls Gone Wild'" founder Joe Francis for $4.25 million.
He resigned after 41 games due to health issues and moved to Houston, and sold the house to Bardack.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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