The man who famously fired Steve Jobs from Apple, John Sculley, is being sued by his ex-wife of 32 years, Carol Lee Sculley, who claims he “secretly and furtively” hid more than $25 million of his assets when they divorced.
Sculley — the former Apple CEO who reportedly now has a net worth of $200 million — settled his divorce with Carol, known as Leezy, in 2011. But she sued him in Palm Beach in 2013 claiming he “lied” to her and the court, “submitted a false financial affidavit . . . and failed to fully and honestly disclose his assets.”
According to the court papers, Sculley had claimed that their total marital assets at the time of their separation in 2010 were $4.8 million. But he allegedly didn’t disclose “substantial private equity investments and investments in privately held companies and ventures around the globe.”
The filing states that around 2000, Sculley “started an extramarital affair” with a former aide from Apple, and “at this point [he] secretly and furtively began hiding assets from Leezy.”
From left: Steve Jobs, John Sculley and Steve Wozniak co-founder of Apple, unveil the new Apple IIc computer in 1984.Photo: AP
He allegedly enlisted his brothers Arthur and David, with whom he had started investment firm Sculley Brothers, “to help him transfer assets” or “simply hide these assets from Leezy.”
Marketing whiz Sculley — played by Jeff Daniels in the upcoming Aaron Sorkin Steve Jobs film — became CEO of Apple in 1983, and fired Jobs two years later after they clashed. Sculley left Apple in 1993 and Jobs was reinstated in 1997.
Leezy’s 2013 court papers said Sculley had hidden marital assets “in excess of $25 million.” One of those assets, Pivot Acquisition Corp., is now said to be worth more than $100 million alone, according to a source. The case has proceeded slowly because of the complex financial discovery.
Upping the legal stakes, Leezy has now hired New York power attorney William D. Zabel to join her team, which includes Florida’s Ed Patricoff. Zabel, who’s repped George Soros and golfer Greg Norman, said he is pursuing the suit “on the grounds of [Sculley’s] failure to disclose valuable assets.” His attorney Martin L. Haines III didn’t respond.
“Media reports which falsely claim that John Sculley hid any assets during his divorce have zero basis in truth. The reality is that this case has been in the court of law for a number of years, and leaking false items to the media in a desire to pressure Mr. Sculley into settling this case is despicable. There is zero truth to these allegations. Mr. Sculley is confident this case will result in a full vindication for him,” said Ronn Torossian, a spokesman for John Sculley.
via apple - Google News http://ift.tt/1zOYcho
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