Tom Petty Is Dead At 66 After Going Into Cardiac Arrest
Tom Petty‘s daughters, Adria Petty and Annakim Violette, have sued his widow Dana York for over $5 million in misappropriation over his estate, in a lawsuit filed on Wednesday in L.A.
Tom Petty died in an accidental drug overdose in 2017. His will established an LLC called Petty Unlimited that was meant to allocate his assets to each women.
Petty Unlimited has accused York of gross mismanagement of company’s assets and failure to fund the LLC from Petty’s trust, as she was named his directing trustee.
The suit also alleges that York set up a separate LLC, Tom Petty Legacy, as a vehicle to deprive Petty Unlimited of their assets. The suit also claims they violated California’s common law against unfair competition as well as the state’s Business and Professions Code.
“Tom Petty wanted his music and his legacy to be controlled equally by his daughters, Adria and Annakim, and his wife, Dana,” said Petty Unlimited in a statement.
“Dana has refused Tom’s express wishes and insisted instead upon misappropriating Tom’s life’s work for her own selfish interests. After countless efforts to resolve this matter amicably and out of court, we could no longer stand idly by and watch Dana disrespect Tom’s wishes, his music, and his legacy,” the statement continues.
Petty Unlimited is suing for $5 million, as well as punitive damages, recovery of Petty’s assets from Dana, and the establishment of a constructive trust.
Wednesday’s suit was preceded by a lawsuit made in April by York that alleged Adria and Annakim of thwarting her role as directing trustee, which made it impossible to manage Petty’s estate. She has also accused Adria of erratic behavior, which allegedly held up the posthumous release of two of Petty’s albums.
Adria and Annakim weren’t individually named as plaintiffs in the new suit.
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