A divorced New York father is suing his ex-wife for hiding a few assets during their marriage…. but ‘few’ I mean, Twitter stock worth up to $50 million!
And get this… the wife allegedly forced him pay $2,465 a month in child-support payments when they broke up and never disclosed that she was worth millions.
Brooklyn resident, Stuart Strumwasser, 47, claims his Columbia educated wife, Jennifer Johnson, 46, told him she was taking a trip to tech-capital San Francisco to visit her brother just before their divorce in 2006.
However, Johnson allegedly visited her first husband while on the West Coast and met one of the founders of the then start-up social media venture “Twitter.” (Johnson’s first husband is Gregg Kidd, who was a former colleague of Twitter co-founder Jack Dorsey).
Strumwasser claims that he ‘was home watching their children, and the parties were acting as a ‘marital team’ so Johnson could make the trip.’ However, ‘Unbeknownst to Strumwasser, Johnson was holding business meetings with one or more of the creators of Twitter.’
The dad of twin nine-year-old boys with Johnson, believes that she invested upwards of $50,000 into Twitter, while they were still married and six months before their divorce.
He says in his lawsuit that the investment made in Twitter should be considered part of their marital assets.
Johnson apparently never told her husband that she had ever invested in Twitter – even as the couple reached a divorce settlement in 2007, while both parties were ordered to make full disclosures of their financial situations to their Manhattan matrimonial judge.
Strumwasser’s lawsuit claims that he discovered his wife’s allged deception when he recently looked at her LinkedIn page. (On her profile is the biographical detail that ‘she is a first round investor in Twitter’.)
The husband claims in his suit that her omission constitutes fraud and he wants his piece of the ‘Twitter’ pie!
Strumwasser has been making child support payments to his two children since the divorce of $2,465 a month – despite his irregular income. He claims that amount is three times the legal requirement.
He claims his ex-wife’s investment is now worth between $10 million and $50 million. He’s suing for the repayment of $120,000 in child support and 30 percent of the Twitter shares. (source)
The moral of this story? Hide your assets better…