Glock Legal Fight Gets Messier
The legal fight for control of Glock after Gaston & Helga’s nasty divorce has taken an interesting turn. By using US law, Helga Glock has secured access to over 500,000 documents that were originally disclosed in their Austrian divorce and allows them to be used in her RICO (Racketeer Influenced and Corrupt Organizations Act) lawsuit. Helga claims Gaston cheated her out of $500 million and her ownership of the company.
Considering the multitude of other lawsuits pending on the company and their similar charges of corruption, the documents may provide plenty of “ammunition” for Helga and the Glock children to win the company from its founder, their father. The litigation will take years to ultimately resolve.
Helga Glock gained access to a huge store of fresh ammunition for her U.S. civil racketeering suit against her ex-husband, Austrian pistol magnate Gaston Glock. A federal appeals court in Atlanta ruled on Monday that in pursuing the racketeering action, Helga may use confidential gun company documents her lawyers obtained in connection with divorce proceedings in Austria.
The intra-family legal feud, part of a broader struggle for control of the globally famous Glock firearm empire, has generated a storm of litigation in the U.S. and Austria. In one suit filed under the Racketeer Influenced and Corrupt Organizations Act (RICO), Helga, 79, has accused her 86-year-old industrialist ex-spouse of concealing hundreds of millions of dollars in gun profits that are rightfully hers, while also tricking her out of a substantial equity stake in Glock GmbH, the Austrian parent company.
Gaston Glock has vehemently denied these allegations, which he portrays as little more than an elaborate shakedown scheme engineered by his embittered former wife and their three adult children.
One of TFB's resident Jarheads, Nathan now works within the firearms industry. A consecutive Marine rifle and pistol expert, he enjoys local 3-gun, NFA, gunsmithing, MSR's, & high-speed gear. Nathan has traveled to over 30 countries working with US DoD & foreign MoDs.The above post is my opinion and does not reflect the views of any company or organization.
More by Nathan S
Comments
Join the conversation
Sounds like she is just trying to ruin her ex husband because she feels he wronged her. Lawyers love this stuff.
My legacy will be a few well used guns and beat up motorcycles. All I got was a cheap watch. I'd rather have my parents back but that's how life is. Money matters can bring out the worst in folks.