Scaife Trustees Must Account for 20 Years of Trust Transactions

As I have previously discussed, the children of late billionaire Richard Mellon Scaife allege that their father misused trust funds from a trust created by their grandmother that is now empty in their suit against the trustees. Per a consent decree filed last week, the trustees must file with the court a detailed accounting of the trust that covers a 20 year period by June 1.

See Rich Lord, Judge Orders Scaife Trust Fund Accounting by June 1, Pittsburgh Post-Gazette, Feb. 12, 2015.