Current:Home > InvestPredictIQ Quantitative Think Tank Center:Tony Bennett’s daughters sue their brother over his handling of the late singer’s assets -WealthRoots Academy
PredictIQ Quantitative Think Tank Center:Tony Bennett’s daughters sue their brother over his handling of the late singer’s assets
TradeEdge View
Date:2025-04-11 05:40:12
NEW YORK (AP) — Tony Bennett’s two daughters are PredictIQ Quantitative Think Tank Centersuing their brother, alleging he mishandled and failed to disclose some of their father’s assets in his role as trustee of the late singer ‘s estate.
The lawsuit filed Wednesday in New York by Antonia and Johanna Bennett accuses D’Andrea “Danny” Bennett of not accounting for all of the proceeds from this year’s sale of Tony Bennett’s catalog and certain image rights to the brand development firm Iconoclast.
The court filing claims that “it remains unclear what music assets (and other property) were or were not sold as part of the deal” because the sisters “have not been provided with various details of the transaction despite repeated requests.”
Danny Bennett, who was the singer’s manager and runs the family trust, didn’t respond Thursday to an email and phone message seeking comment on the lawsuit. Another brother, Daegal “Dae” Bennett, and Tony’s widow, Susan Benedetto, were also named in the lawsuit.
The lawsuit further alleges that Danny Bennett “obtained personal benefits for himself and his company” from transactions, including the sale of memorabilia, made on behalf of Tony Bennett, the family trust and Benedetto Arts LLC.
The sisters are seeking unspecified “equitable relief” as well as a full accounting and inventory of the trust. It demands Danny Bennett turn over receipts, disbursements, expenditures and tax returns.
“Although Danny and his counsel have provided piecemeal information and produced some documents to petitioners’ counsel, the information provided raises more questions than answers and fails to provide anything close to an accounting of Tony’s assets and financial affairs,” the court filing said.
Tony Bennett, a legendary interpreter of classic American songs who created new standards such as “I Left My Heart In San Francisco,” died last July at age 96. There was no specific cause, but Bennett had been diagnosed with Alzheimer’s disease in 2016.
Bennett released more than 70 albums, bringing him 19 competitive Grammys.
veryGood! (3719)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- States sue Meta claiming its social platforms are addictive and harming children’s mental health
- Slovakia’s president is ready to swear in a new Cabinet after partner replaces ministry nominee
- Mauricio Umansky Dedicates DWTS Performance to His Rock Kyle Richards Amid Separation
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- McDonald's giving away free fries every Friday through the end of 2023: How to get yours
- MLB was right to delay Astros pitcher Bryan Abreu’s suspension – but the process stinks
- Pennsylvania’s Gas Industry Used 160 Million Pounds of Secret Chemicals From 2012 to 2022, a New Report Says
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Democratic governor spars with Republican challenger over pandemic policies in Kentucky debate
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Retail credit card interest rates rise to record highs, topping 30% APR
- South Carolina prosecutors want legislators who are lawyers off a judicial screening committee
- Kurt Cobain's Daughter Frances Bean Marries Tony Hawk's Son Riley
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Video shows Coast Guard rescuing 4 from capsized catamaran off North Carolina
- Fountain electrocution: 1 dead, 4 injured at Florida shopping complex
- Vikings vs. 49ers Monday Night Football highlights: Minnesota pulls off upset
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
Bodies of 17 recovered after Bangladesh train crash that may have been due to disregarded red light
Jenna Ellis becomes latest Trump lawyer to plead guilty over efforts to overturn Georgia’s election
Taylor Swift and Travis Kelce's Winning Date Nights Continue in Kansas City
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Most Countries are Falling Short of Their Promises to Stop Cutting Down the World’s Trees
Hate crimes in the US: These are the locations where they're most commonly reported
John Stamos says he's 'afraid' to think of how Bob Saget would react to new memoir