Overview

• Johanna and Antonia Bennett accuse their brother Danny of financial mismanagement and self-dealing in a newly filed lawsuit in New York State Court.
• The suit alleges Danny sold Tony Bennett’s name, likeness, and royalties to Iconoclast without informing his siblings or providing details of the transaction.
• Danny is accused of taking $1.2 million in loans from the family trust, paying himself excessive commissions, and disposing of sentimental items without notice.
• The sisters claim Danny exploited their father’s diminished capacity due to Alzheimer’s disease to make financial decisions for personal gain.
• They are requesting damages, a full accounting of the estate, and Danny’s removal as trustee, while Danny denies all allegations, citing decades of trusted management.