Overview

• On July 21, Jane Buffett filed an expanded petition in West Palm Beach to oust co-trustee Richard Mozenter and block his effort to remove her.
• The filing contends that Mozenter used Marital Trust funds for retaliatory lawsuits without seeking the co-trustee’s approval.
• Jane argues that Mozenter withheld key financial records and levied excessive fees, leaving her unaware of the trust’s true financial position.
• Mozenter initiated his own removal petition on June 2 after Jane threatened litigation in California, triggering competing suits in two states.
• Both litigants are scheduled for an August 14 hearing to resolve trustee positions and safeguard management of the $275 million estate.