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Entertainment : Tom Petty’s Daughters Suing His Widow for $5 Million for ‘Theft and Gross Mismanagement’ of the Family Business


Amusement: Tom Petty’s Daughters Suing His Widow for $5 Million for ‘Burglary and also Gross Mismanagement’ of the Household Service

UPDATE

12: 08 PM PT— Dana Petty’s lawyer, Adam Streisand, informs The Blast, “This illinformed and also meritless legal action unfortunately shows precisely why Tom Petty assigned his other half to be the single trustee with authority to handle his estate. Dana will certainly not enable devastating rubbish similar to this to sidetrack her from shielding her hubby’s tradition.”


Tom Petty‘s 2 little girls are currently suing his widow for supposedly mishandling the late rocker’s companies and also they think she has actually set you back the firm over $5 million.

Petty Unlimited was established to handle Petty’s events after his fatality and also was expected to be run by his little girls, Adria and also Annakim, and also his widow, Dana Petty

According to court records gotten by The Blast, Petty Unlimited asserts that Dana and also others have actually breached their fiduciary tasks to the firm by holding back particular possessions and also diverting them to one more firm she established.

They assert Dana has actually established a contending firm, Tom Petty Heritage LLC., which has actually disrupted their job and also broken their dad’s dreams.

The legal action cases, “As straight and also near source of Accused Dana York Petty’s usurpation of Complainant s company chances as declared here, Complainant has actually experienced and also remains to endure damages in a quantity over of $5 million, according to evidence at test.”

As The Blast initially reported, Dana submitted records last month asking for that all “substantial choices” need agreement in between her and also Petty’s little girls since bulk ballot would certainly enable both little girls to apply their will certainly over her.

In her application, Dana asserts “she has actually exceeded and also past to look for to function en masse with Tom’s little girls” yet they have actually made that hard.

” Although Petitioner did every little thing in her power to deal with Adria and also Annakim as family members,” she creates, “unfortunately, they, and also specifically Adria, have actually consistently shown their bitterness over their dad’s love of Petitioner and also her function in his life.”

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