SNOW HILL – Dissension among members of the extended Trimper family has led to a $245 million civil suit with legal documents alleging financial misconduct and fraud.
Represented by attorney R. Wayne Pierce of Annapolis, plaintiffs Antoinette Bruno, Wendy Delamater and Joyce Trimper filed the civil suit, which seeks a jury trial, against defendants J. Douglas Trimper, Brooks Trimper, the Estate of Chris Trimper, Linda Trimper Holloway, Stephanie Trimper Lewis and more than a dozen associated amusement corporations, namely Trimper Amusements, Inc., Windsor Resort, Inc., Trimper’s Rides of Ocean City, Inc., Trimper’s Playland, Inc. and Trimper’s Tidal Wave, Inc. All the named plaintiffs and defendants are shareholders of Trimper corporations.
The 39-page civil suit alleges misappropriation, corporate waste, self-dealing and fraudulent concealment. There are nine counts listed in the civil suit, which was filed March 23 in Worcester County Circuit Court. Seven of the nine counts in the case seek a total of $105 million in compensatory damages and $140 million in punitive damages.
The nine counts listed in the civil suit with the dollar amounts sought, if any, include fraud, $15 million in compensatory damages and $20 million in punitive damages; civil conspiracy, $15 million in compensatory damages and $20 million in punitive damages; aiding and abetting, $15 million in compensatory damages and $20 million in punitive damages; breach of fiduciary duties, $15 million in compensatory damages and $20 million in punitive damages; violation of directors’ statutory standard of care under Corporations and Association Article 2-405.1, $15 million in compensatory damages and $20 million in punitive damages; conversion, $15 million in compensatory damages and $20 million in punitive damages; demand for accounting; shareholders’ derivative action for conversation and waste of corporate assets; and shareholders’ derivative action-fraud, $15 million in compensatory damages and $20 million in punitive damages.
“This is a civil action for legal and equitable relief, including damages, imposition of a constructive trust and stockholder derivate claims,” the suit reads. “… Beginning in or about 1995 and continually until early 2020, some or all of the defendants … have engaged in a continuous course of wrongful conduct and breaches of fiduciary duties designed to surreptitiously and systematically misappropriate and waste of the Corporations and engage in self-dealing.”
Wow, can I join in. I’d be happy with 1% if that!
Shut it down. My kids are all grown up and besides, I haven’t been there in over 20 years.
Huge scrap among the Family and right before the season.
Gab the homemade popcorn ( no cheating with Fishers)….this is gonna take a while.
Plaintiffs should have thought this through and dealt with it in-house before filing suit because IRS sees them talking about lots of cash and going to want proof where it went and taxes paid on it.They could lose everything and go to jail also.
well that didnt take long! the whole trimper clan is nothing more then a bunch of uneducated inbreds!
Looks like having all that money worked out real well for them.
8:50, Do you know for a fact that taxes were not paid on all the money in dispute? Or maybe you’re just guessing, I bet the Trimpers have get tax preparation accountants
I mean “great” tax preparation accountants. I guess I didn’t proof read my previous comment accurately.
Y’all are not looking at the bigger picture here.
O C has gone woke, and wish to tear down the rides for a George Floyd memorial, and for building government housing.
You rich white people will pay repreations to us of non white origin, and we will take over OC
I thought you already had.