If Lisa Marie Presley gets what she wants, her former business manager will be dancing to the jailhouse rock. The daughter of music & American icon Elvis Presley is suing Barry Siegel for allegedly squandering away the Presley family’s hundred million dollar fortune. The lawsuit, filed in California, states that the Provident Financial Management and specifically Siegel “enriched himself with exorbitant fees”. The business manager then turned around and counter-sued for $800,000 and claims that Lisa Marie has extravagant taste and poor spending habits. Reports claim that the Presley fortune, once worth over $100m USD, is now down to around $15,000. A main recommendation from Siegel to Lisa Marie was an investment in the financial firm behind American Idol, an investment that eventually went bankrupt and turned about $25m in stock to about $500k almost overnight. Read More
Tag Archives: rock
Lawsuit Over Life on Mars
Astrobiologist Dr. Rhawn Joseph, filed a lawsuit based on images shot by the Opportunity rover on Mars. NASA identified the object in question as a rock, but the scientist is stating it could be more, and a proper scientific investigation is necessary. Huffington Post states, “He is suing NASA and its administrator, Charles Bolden, in an effort to compel the space agency to take a closer look at the rock. The petition, which was filed Monday in California, calls for NASA to closely photograph and thoroughly scientifically examine and investigate a putative biological organism.” While NASA may have determined that this unidentifiable object is a rock, Joseph believes the image resembles some type of fungus. Read More