From Pitchfork · Nina Corcoran · · 1m 10s
Amy Helm Countersues Levon Helm Studios
Amy Helm countersues Levon Helm Studios over alleged corporate takeover and elder abuse claims.
In brief
Amy Helm countersues Levon Helm Studios over alleged corporate takeover and elder abuse claims. Amy Helm alleges Brian Parillo used invalid corporate actions to take control of Levon Helm Studios, claiming financial exploitation and elder abuse of Sandra Helm. Originally reported by Pitchfork.
Amy Helm Sued for Self-Dealing
Amy Helm was sued in federal court for self-dealing, trademark infringement, and causing $2 million in damages to Levon Helm Studios.
Countersuit Alleges Corporate Takeover
Amy Helm countersues Levon Helm Studios, alleging her successor Brian Parillo used invalid corporate actions to take control of the music venue in Woodstock, New York.
Removal Over Mismanagement Claims
Amy Helm was removed as president of LHS by her stepmother Sandra Helm and shareholders Parillo and Barbara O’Brien in May over mismanagement allegations.
Alleged Financial Exploitation
Amy Helm claims Parillo took control by voting assignments, claiming 60 percent power despite owning only 10 percent of shares, and declared himself director, president, secretary, and treasurer.
Elder Abuse Allegations
Amy Helm alleges Parillo exploited Sandra Helm through financial manipulation and elder abuse, citing her sworn statement: 'I thought, 'they’ve conned me.' I’m so gullible, they’re taking advantage of me.'
“I thought, 'they’ve conned me.' I’m so gullible, they’re taking advantage of me. How do I undo this? I don't know why I keep doing this.”
The key point
Amy Helm alleges Brian Parillo used invalid corporate actions to take control of Levon Helm Studios, claiming financial exploitation and elder abuse of Sandra Helm.
