Eccentric Texas millionaire settles teenagers' sex lawsuits

AMARILLO, Texas — Stanley Marsh 3, an eccentric millionaire artist best known for his Cadillac Ranch art display along an interstate in the Texas Panhandle, has settled lawsuits from 10 teenagers who allege he paid them for sex acts, attorneys announced Saturday.

In a prepared statement, plaintiffs' attorney Anthony Buzbee and Marsh's attorney Kelly Utsinger said the teenagers and Marsh have resolved their differences and that no side will have further comments. The statement was obtained by the Amarillo Globe-News.

Marsh — who prefers to use "3" instead of "III," because he finds the Roman numerals too pretentious — suffered a massive stroke in 2011 and his wife, Gwendolyn Marsh, was later appointed as his guardian. Marsh, his wife, his son, Stanley Marsh IV and associate David Weir settled the 10 civil suits.

Marsh also faces six counts of sexual assault and five counts of sexual performance of a child. The charges accuse the 75-year-old millionaire and artist of molesting a 15-year-old boy and a 16-year-old boy in 2010. Marsh surrendered to authorities in November and is free on $300,000 bail. If convicted, Marsh faces up to 20 years in prison per count and fines of up to $10,000. His lawyers have denied the allegations.

Prosecutor Matt Powell did not reply to a request for comment.

Eccentric Texas millionaire settles teenagers' sex lawsuits 02/16/13 [Last modified: Saturday, February 16, 2013 10:43pm]

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