Sotheby’s Defeats Most of Russian Billionaire’s Fraud Suit (2)

Sotheby’s won dismissal of most claims by a Russian billionaire who accused the auction house of helping to defraud him in the purchase of a world-class art collection featuring works by Pablo Picasso, Auguste Rodin, and Henri Matisse.

But Sotheby’s isn’t off the hook yet. US District Judge Jesse Furman on Wednesday allowed two companies controlled by Dmitry Rybolovlev to pursue some claims in a lawsuit alleging that Sotheby’s helped Swiss art broker Yves Bouvier overcharge Rybolovlev for several art pieces, including Salvator Mundi, which is credited to Leonardo da Vinci.

“Judge Furman agreed with ...