Tom Petty’s daughters Adria and Annakim are not happy with their stepmother. The two women filed a lawsuit against Dana Petty on Wednesday, May 15, alleging that the rocker’s widow is mismanaging his businesses, The Blast reports. The cost of her alleged errors? More than $5 million, and Petty’s daughters want that money back.
The Blast obtained the court documents filed with the Los Angeles Superior Court, and reports that the lawsuit alleges Dana failed in her responsibilities by withholding assets and diverting them to Tom Petty Legacy LLC, a company she allegedly set up. The limited liability corporation, according to the suit, competes against Petty Unlimited, which was supposed to be run by the widow and the rocker’s daughters.
Adria and Annakim claim that Tom Petty Legacy goes against what their beloved dad wanted. Claims their suit, per The Blast: “As direct and proximate cause of Defendant Dana York Petty’s usurpation of Plaintiff’s business opportunities as alleged herein, Plaintiff has suffered and continues to suffer damage in an amount in excess of $5 million, according to proof at trial.”
Dana filed court documents in April alleging that her late husband’s daughters were banding together to make it difficult for her to manage Petty’s estate and to “push her out.” Adria then filed her own petition, alleging that Dana wasn’t honoring the requests her dad had laid out in his will.
In response to the lawsuit Wednesday, Dana’s attorney Adam Streisand told The Blast in a statement: “This misguided and meritless lawsuit sadly demonstrates why Tom Petty designated his wife to be the sole trustee with authority to manage his estate. Dana will not allow destructive nonsense like this to distract her from protecting her husband’s legacy.”
Petty was 66 when he died in October 2017. The medical examiner ruled that the musician died of an accidental OD that led to cardiac arrest. The medications he was taking were prescribed for his emphysema, knee issues, and a fractured hip, the family said at the time.
