ARKANSAS, USA — The messy legal battle between the daughters of the late Fort Smith businessman H.C. “Dude” Crain Jr. and their stepmother has a new chapter.
In the latest federal lawsuit, Crain’s four daughters allege that their stepmother, Shirley Crain, has breached her fiduciary duty in the way she is running Airport Transportation Co. of Bentonville.
The daughters said they have asked for the company’s books to no avail. And since the first quarter of 2022, the company, “at Shirley’s instruction,” has refused to issue profits to the daughters, forcing them to pay taxes on undistributed money, the suit says.
To read more on the lawsuit, our content partner Arkansas Business has the full article here.
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