sbynews

DelMarVa’s Premier Source for Conservative News, Opinion, Analysis, and Human Interest

Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349

The opinions expressed by columnists are their own and do not represent our advertisers

Settlement talks in Trimper civil suit unsuccessful

With no settlement reached, a civil lawsuit among members of the Trimper family will proceed to trial next month.

In March of 2023, three stockholders in several Trimper entities – Joyce Trimper and daughters Antoinette Bruno and Wendy Delamater – filed a civil suit against several former officers and directors, alleging misappropriation, corporate waste and other various wrongful acts. Now, with a settlement conference producing no resolution, the matter will head to trial, set to begin on Feb. 10.

Nearly two years ago, the three plaintiffs filed suit against J. Douglas Trimper, Gordon Brooks Trimper, the estate of Christopher Trimper, Linda Trimper Holloway, Stephanie Trimper Lewis and more than a dozen associated corporations – including Trimper Amusements, Windsor Resort, Trimper’s Playland and Trimper’s Tidal Wave – alleging misappropriation, corporate waste, self-dealing and fraudulent concealment. Of the nine counts listed, seven sought $105 million in compensatory damages and $140 million in punitive damages.

“This is a civil action for legal and equitable relief, including damages, imposition of a constructive trust and stockholder derivative claims …,” the suit reads.

More

2 thoughts on “Settlement talks in Trimper civil suit unsuccessful”

Leave a Reply to Anonymous Cancel Reply

Your email address will not be published. Required fields are marked *