Statement on Ryan O'Neal Verdict from The University of Texas at Austin and the UT System

We sought the second Warhol portrait of Farrah Fawcett only because we wanted to honor her legacy.  In her Living Trust she left "all of her artwork and art objects" to The University of Texas, and we thought it important to try to enforce her intent.

We are disappointed that the jury saw the evidence a different way, but we will continue to honor Farrah with the Warhol portrait we do have along with her other works of art.