Scion sues family firm for files on alleged sex misconduct

Granddaughter says incidents may have included misuse of corporate assets

- PAOLA LORIGGIO

The granddaughter of billionaire businessman Frank Stronach is asking an Ontario court to order the family business to disclose any documents that might exist related to complaints of sexual misconduct against him and settlements involving complainants.

In a recent court filing, Selena Stronach argues media coverage of the sexual assault allegations against her grandfather suggests it is likely the alleged misconduct “occurred in the corporate environment and included the misuse of corporate assets.”

The filing is the latest in an ongoing legal battle over the management of The Stronach Group’s and the family’s wealth.

A lawsuit launched by Selena Stronach in 2019 alleges her aunt, Belinda Stronach — Frank Stronach’s daughter and the company’s chairwoman, chief executive officer and president — and others have mismanaged the trusts holding the family’s assets for their own benefit.