Larry King Estate Battle: Shawn King Files $100M Lawsuit Against Former Business Managers

  • 📰 THR
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The broadcaster's widow claims Blouin & Company helped Larry King Jr. steal millions from her.

In a lawsuit filed on Thursday in Los Angeles Superior Court, Shawn King alleges Blouin & Company colluded with Larry King Jr. to divest her from the estate in addition to illegally transferring millions of dollars to numerous people and entities without her permission. She seeks over $100 million for breach of fiduciary duty, professional negligence and fraud, among several other claims.

“The Blouin Defendants led a fraudulent and malicious conspiracy to steal money from their own client, Mrs. King, and deprive Mrs. King from her rights and interests in the estate of her late husband,” reads the complaint, adding that the firm shared confidential financial information with Larry King Jr. to aid him in his suit.

Shawn King takes issues with Blouin allegedly siding with Larry King Jr. in the fight for King’s estate. She says that the firm breached its fiduciary duty to her when client manager Bob Cinelli, a defendant in the suit, provided a sworn declaration in support of Larry King Jr.’s emergency petition to become administrator of the estate and by providing confidential financial information to him.

The suit claims that Blouin managed secret bank accounts to facilitate transfer of funds directed by Larry King Jr., who allegedly gifted money to several others. Those named in the complaint include Greg Christensen, a longtime former producer of one of King’s TV shows, and Becky Radant, King’s former assistant who allegedly helped Blouin keep financial information away from Shawn King. Radant was allegedly paid $50,000 and Christensen $40,000.

In further violation of the firm’s fiduciary duties to her, Shawn King also says that Blouin neglected to pay recurring household bills and annual taxes for her, which has resulted in significant late fees and penalties. She claims the firm has refused to turn over financial records.King’s amendments to his will was written two months after he filed for divorce. It was never finalized, but Larry King Jr.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I think somebody called Larry king jnr should be the executor. Not somebody who looks like a golddigger.

Yep. Another golddigger that married for money.

Wait... Larry's dead

Wait. Larry king died?

Singapore Singapore Latest News, Singapore Singapore Headlines