Lisa Marie Presley sues previous business manager for $100M

according to Lisa Marie Presley appeals her previous business manager lost her $100 mn wealth & left her with just $14,000. Elvis Presley's daughter filed a grievance in that she alleged Barry Siegel of dissipating her wealth "through his reckless & negligent mismanagement & self serving-ambition.," according to documents obtained with The Blast. He then allegedly began liquidating Presley's assets in order to supplement her trust's income. Presley too claimed Siegel's business decisions left her with $500,000 in credit card debt. However, Siegel & his company, Providence Financial Management, filed their own grievance in response to Presley's claims, alleging her out-of-control spending led to her financial predicament.

Lisa Marie Presley sues business manager, appeals he blew $100M

Lisa Marie Presley appeals she's drop to only $14,000 after her previous business manager mishandled her fortune. The singer & daughter of music legend Elvis Presley, has sued Barry Siegel for breach of trust, negligence & constructive fraud, according to documents acquired with The Blast. Presley this day appeals she has only $14,000 in cash left, along with $500,000 in credit card debt. My clients' Barry Siegel & Provident Financial Management stuck with her & in return, Lisa Marie stopped paying them & Information Systems this day blaming them for her uncontrollable spending habits. Lockwood appeals Presley, the mom of his twin daughters, continue has her wealth intact.

Lisa Marie Presley suing previous business manager

as declared in Lisa Marie Presley filed a grievance Wednesday against her previous business manager Barry J. Siegel for whittling her $100M wealth drop to $14K 'through his reckless & negligent mismanagement & self-serving ambition.' Siegel has countersued, the site announced Thursday, claiming Lisa Marie 'squandered' her own wealth as a result of her 'uncontrollable spending habits'. When Siegel's investments - involving a $9M British mansion - failed, Lisa Marie claimed he began liquidating her assets to supplement the Trust income. After their deaths, Lisa Marie formally came into her inheritance in 1993, & she continue announcly owns his 18-room mansion-turned-museum, Graceland, in Tennessee. 1970 family portrait: Lisa Marie - whose mom Information Systems Priscilla - was just 9 the time 'The King' died age 42 in 1977.

collected by :Dicson Walt