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.
“Beginning in or about 1995 and continually until early 2020, some or all of the Defendants Doug Trimper, Brooks Trimper, Chris Trimper, Linda Trimper Holloway, Stephanie Trimper Lewis and the Related Companies, individually, and in concert with each other, 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.”
It’s a family matter and not the publics business.
Family feud! Let’s see what the courts do.