[CPEO-MEF] REUSE: Seeno family feud threatens Concord (CA) Naval Weapons Station redevelopment

[Lenny Siegel <LSiegel@cpeo.org>]

Borenstein: Seeno v. Seeno becoming building empire’s ‘War of the Roses’
Revelations from family legal feud should concern Concord council with Naval Weapons Station project on the line

By DANIEL BORENSTEIN 
Bay Area News Group (CA)
January 5, 2023 

As Albert D. Seeno III seeks to strike a deal with Concord officials to lead the Bay Area’s largest development project, his father is trying to fire him as CEO of five companies in the family’s building empire.

In a stunning public airing of the internal fight for control of the businesses, Albert D. Seeno Jr., 78, has sued his son alleging that Seeno III, after his appointment in July 2020 as chief executive officer, improperly spent money and tried to shut out his father and uncle from their own companies.

While this court battle may seem like an internal business and family dispute, the allegations about Seeno III’s behavior and finances should concern members of the Concord City Council as they consider whether to partner with him for 40 years to develop the Concord Naval Weapons Station site.

Seeno Jr. says his son previously had taken hundreds of millions of dollars without permission from his father and his father’s companies, has debt of over $100 million, bullied his father to hire him as CEO under threat that he would otherwise never see his grandchildren, and has been abusive and misogynistic toward employees.

…

For the entire article, see
https://www.mercurynews.com/2023/01/05/borenstein-seeno-v-seeno-in-building-empires-war-of-the-roses

—

Lenny Siegel
Executive Director
Center for Public Environmental Oversight
A project of the Pacific Studies Center
LSiegel@cpeo.org
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650-961-8918
http://www.cpeo.org
Author: DISTURBING THE WAR: The Inside Story of the Movement to Get Stanford University out of Southeast Asia - 1965–1975 (See http://a3mreunion.org)

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