Chargers owner Dean Spanos accused of fiduciary mismanagement

Chargers owner Dean Spanos has been accused of “misogynistic” behavior and repeated “violations of fiduciary duty” by his sister in a petition for an existing probate case that this week has fueled the siblings’ ongoing legal battle over the team’s ownership.

The petition was filed in San Joaquin County Superior Court by attorneys representing Dea Spano’s Berberian, who is seeking control of a family trust that controls 36% of the Chargers’ property.

Spanos and Berberian were left as co-trustees of the trust following the deaths of their parents Alex and Faye in 2018.

In the petition, Berberian accused her brothers Dean and Michael of repeatedly acting “out of their ingrained misogyny and entitlement as males in the family.”

According to the filing, Dean and Michael “believe to their core that men should call the shots and women should shut up, regardless of what their parents intended or what their will dictated.

Dean Spanos took over as managing owner of the Chargers in 1994, 10 years after his father bought the franchise.

The legal battle between the Spanos siblings came to light in April 2021 when Berberian petitioned the Los Angeles County Superior Court to put the trust up for sale citing mounting debt.

https://www.latimes.com/sports/chargers/story/2022-06-10/chargers-owner-dean-spanos-sister-court-filing-team-control Chargers owner Dean Spanos accused of fiduciary mismanagement

Emma Bowman

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