Subscribe

Astor sues Astor

The son of New York philanthropist Brooke Astor and his attorney are expected to be indicted due to their handling of her $198 million estate.

The son of New York philanthropist Brooke Astor and his attorney are expected to be indicted on charges dealing with their handling of her $198 million estate, according to news reports.
The indictments of Astor’s son, Broadway producer Anthony D. Marshall, and his attorney Francis X. Morrissey Jr. were expected to be announced today.
The men had been accused in a civil suit by Marshall’s son, Philip Marshall, of misappropriating cash, real estate, securities and other property belonging to the socialite, who died in August at age 105.
Ms. Astor lived her life traveling the international philanthropy circuit and giving away nearly $200 million, but the last months of her life were filled with controversy.
In the civil suit, Philip Marshall sued Anthony D. Marshall, his father, for allegedly neglecting the family’s matriarch. Philip Marshall alleged that under his father’s care, the New York socialite stopped receiving physical therapy and was forced to sleep on a cold couch that reeked of urine.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Bank of America sounds warning on options-ETF boom

Skeptics says products often fare worse than simpler alternatives.

Gold in flux as investors await Fed meeting

Following a 13 percent advance this year, the price of the yellow metal wavered as traders weigh the odds of harmful rate hikes.

Hedge funds ramp up tech allocations, says Goldman

Data show amped-up net buying in sector through long positions and short-covering even amid a slide in S&P 500 IT index.

Stocks rise following hot March inflation

The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.

Fed will cut once before presidential election, says Howard Lutnick

Cantor Fitzgerald’s chief executive predicts the central bank will “show off a little bit” just before voters head to the polls.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print