Portland Marathon director ordered to pay $865K after Oregon DOJ investigation
Lester Smith, the former board member and race director of the embattled Portland Marathon, has been ordered to pay $865,000 settlement following an investigation by the Oregon Department of Justice.
Of that money, $50,000 will be paid to the DOJ to cover investigative costs. The DOJ found Smith was operating the marathon without meaningful oversight, receiving hundreds of thousands of dollars in loans from the marathon.
Smith has also been ordered to dissolve his for profit-company Next Events LLC, and has been prohibited in being involved with or operating any foot races in the future. He has been prohibited from serving as director, officer or fiduciary of any charitable organization, and cannot seek reinstatement with the Oregon State Bar.