Frank Stronach's granddaughter seeks company docs related to misconduct allegations

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The granddaughter of billionaire businessman Frank Stronach is asking an Ontario court to order the family business to disclose any documents that might exist related to complaints of sexual misconduct against him and settlements involving complainants.

In a recent court filing, Selena Stronach argues media coverage of the sexual assault allegations against her grandfather suggest it is likely the alleged misconduct "occurred in the corporate environment and included the misuse of corporate assets."

The Stronach Group said at the time it would not comment further on the criminal allegations, citing the court case. He also founded The Stronach Group, a company that specializes in horse racing, and founded Stronach International in 2018, a company focusing on organic foods and "micro-electric mobility."

"For years, the defendants have ignored and breached repeatedly their fiduciary obligations and have managed and distributed assets without any consideration for Selena, notwithstanding her beneficial interests in the trusts," the lawsuit alleges. "Given the absence of a denial from TSG, it is likely that records exist which reveal a pattern of misconduct by Mr. Stronach that includes corporate knowledge and, potentially, facilitation and coverup."

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