Tags: sumner redstone | sues | exes | elder abuse

Sumner Redstone: Billionaire Media Mogul Sues Exes for Elder Abuse

Image: Sumner Redstone: Billionaire Media Mogul Sues Exes for Elder Abuse

Chairman of National Amusements Sumner Redstone attends the LACMA 2013 Art + Film Gala honoring Martin Scorsese and David Hockney presented by Gucci at LACMA on Nov. 2, 2013, in Los Angeles, California. (Jason Merritt/Getty Images for LACMA)

By    |   Wednesday, 26 Oct 2016 03:58 PM

On Tuesday, 93-year-old billionaire Sumner Redstone filed suit against two former girlfriends on charges of elder abuse and manipulating him into giving them a total of $150 million in gifts.

The lawsuit is the latest litigation against Manuela Herzer and Sydney Holland, two women who lived with Redstone until last fall, according to Reuters. The women’s attorneys claim Redstone freely gave the women the money and that his attorneys and doctors approved the gifts.

Redstone’s company National Amusements owns about 80 percent of the voting shares of CBS and Viacom, but he also had stock options and other shares of the companies, which he sold, then gave about $45 million to each of the women. The sale triggered more than $90 million in taxes, which Redstone says he borrowed from National Amusements to pay the obligations because the women had cleaned out his bank accounts, Reuters reported.

Redstone also accused Herzer and Holland of isolating him from his family and firing longtime staff that worked at his Beverly Park mansion.

Court papers alleged the two women berated Redstone and told him “if they left, he would die alone,” the Los Angeles Times reported. They also had Redstone’s nurses drug him with Ativan when they wanted him to sign papers for them, he alleges.

Herzer and Holland claim Redstone’s daughter Shari is the one behind the lawsuits. Redstone and his daughter were estranged but have since reconciled.

“My client has a 20-year close relationship with Mr. Redstone that can’t be erased by the filing of civil complaint that lists incomplete, misleading, and false allegations,” Herzer’s attorney Ronald Richards said in an email reported by the LA Times. “Sumner Redstone has given numerous women, other than my client, millions of dollars of gifts and property over the years.”

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On Tuesday, 93-year-old billionaire Sumner Redstone filed suit against two former girlfriends on charges of elder abuse and manipulating him into giving them a total of $150 million in gifts.
sumner redstone, sues, exes, elder abuse
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2016-58-26
Wednesday, 26 Oct 2016 03:58 PM
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