The owners of Horizon Farms — a 400-acre Barrington Hills estate and horse farm — have filed a federal lawsuit accusing the Forest Preserve District of Cook County of conspiring to pay $14 million for their Barrington Hills horse farm while they were fighting foreclosure.
Owners Meryl Squires Cannon and Richard Kirk Cannon say in the lawsuit that they purchased the property — among the largest in the Northwest suburbs and home to more than 40 of their show and race horses — for $19.3 million in 2006 after obtaining a $14.5 million loan from Amcore Bank.
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