Phillies Alec Bohm sues his parents, alleging financial mismanagement
Inquirer.com • • sports
Key Points:
- Philadelphia Phillies third baseman Alec Bohm has filed a lawsuit against his parents, Daniel and Lisa Bohm, accusing them of defrauding him of millions of dollars through limited liability companies (LLCs) set up to manage his finances.
- The lawsuit alleges the parents transferred money from Bohm's personal accounts to LLCs and used funds for personal expenses, including money from the Alec Bohm Foundation, without his full knowledge or consent.
- Bohm claims the parents misrepresented their role, initially stating they would take only a 10% interest in the LLCs but later sought to charge him for managing his affairs and withheld full financial information.
- The dispute escalated after Bohm requested detailed account information in January, leading his parents to engage legal counsel and propose billing him for their time at $50 per hour.
- Bohm is seeking at least $3 million in damages, full control of the LLCs, and an accounting of the finances, while his parents deny wrongdoing and maintain they acted in his best interests.
