Sumner Redstone’s granddaughter may have just become a lifelong Lowe’s shopper.
Keryn Redstone’s attorney Pierce O’Donnell released a statement on Wednesday in which his client blasts Sumner’s daughter Shari Redstone (pictured above) for selling off a Home Depot property in Boston neighborhood West Roxbury.
“When he was mentally competent, my grandfather would never have sold this property at any price,” Keryn observed. “This is another example of my aunt Shari’s manipulation of my grandfather now that he is mentally compromised.”
That price, by the way, was $34 million. The big-box store used to be the site of one of National Amusements, Inc.’s (NAI) first drive-in movie theaters.
And Keryn Redstone is not just throwing words around — she’s going to court.
Keryn plans to “seek an injunction preventing any further actions by the Trust, NAI, Shari, or Sumner with regard to corporate governance or disposing of assets until the court renders a decision on the validity of the actions taken to date,” O’Donnell wrote.
“I will not rest until this massive fraud is exposed in open court and all of Shari’s illegal acts are vacated,” his client stated.
Viacom management has been at odds with the Redstone Family — sans Keryn — for many months. The Philippe Dauman-led company has often accused Shari of manipulating her father into numerous big business decisions, including an attempt to turnover the Viacom Board of Directors. Sumner’s current mental capacity is still being determined by the courts.