The widow of the former half-owner of the Modell’s Sporting Goods store chain may continue trying to have her brother-in-law and another man removed as trustees of trusts set up for her and her children upon her husband’s 2001 death, a Manhattan surrogate has ruled.
Surrogate Nora Anderson (See Profile) determined that Abby Modell’s pleading adequately alleged misconduct by the pair, including what the surrogate described as “disturbing” charges that CEO Mitchell Modell took an inordinately large pay increase and improperly charged personal expenses to the company.
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