Florida grandma heats up $10 million legal fight against former J.P. Morgan brokers – her grandsons
The grandsons lost a bid to force Beverley Schottenstein to negotiate a FINRA award in her favor.
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The grandsons lost a bid to force Beverley Schottenstein to negotiate a FINRA award in her favor.
The Schottensteins are one of the last power-broker families in Columbus. But some fear money and entitlement could undermine this enduring dynasty.
But while David Schottenstein admitted to conspiracy to commit securities fraud with Thursday’ s guilty plea in Boston federal court, attorneys for two others facing the same charge as well as aiding and abetting securities fraud say they’ re fighting. On the civil side, the Securities and Exchange Commission filed a complaint against Schottenstein,...
Ninety-five-year-old grandmother spars with two of her grandson over FINRA award payout, refuses to sign gag order.
Beverley Schottenstein isn’t exactly sure when she suspected her grandsons were cheating her. Perhaps it was when they shredded her bank statements. Or maybe it was when she discovered they had created an email account in her name. Or when she noticed hundreds of thousands of dollars spent from her account. But by the end of 2018, Schottenstein, a member of one of central Ohio’s most prominent families, was confident something was wrong. The following year, she made the momentous decision to take action against her own family members, grandsons Evan and Avi Schottenstein, and...