Waterloo Region Record

PC leader faces suit from widow of late brother Rob

Renata Ford alleges Doug Ford has deprived her and her children millions of dollars, including family company shares

- KEVIN DONOVAN

TORONTO — The widow and children of former Toronto mayor Rob Ford have sued Doug Ford alleging he has deprived them of millions of dollars, including shares in the family business and a life insurance policy left behind to support his family.

In a $16.5-million lawsuit, filed Friday in Superior Court, Renata Ford also alleges that Doug Ford is a “negligent” business manager whose decisions have led to a steady decrease in the value of the Ford company, Deco Labels. Despite setting his sight on a political career, Doug has continued to receive “extravagan­t compensati­on,” even though Deco is losing money, Renata claims in her court filings.

Doug Ford has “knowingly and deliberate­ly put (Renata and her two children) in a highly stressful and unfair financial position during their period of grief after Rob Ford’s death, and continued to do so for more than two years after Rob Ford’s death,” the statement of claim alleges. The lawsuit was filed by lawyers from Aird & Berlis LLP in Superior Court against Doug, his brother Randy (who is a top executive at Deco) and the Deco company, itself. It contains allegation­s that are not proven in court. After the Star sent a list of questions to Doug Ford, a spokespers­on responded with two statements, one from Doug and one from Diane Ford, his mother.

“These claims relating to Deco are completely false and we will strongly refute them in court,” said Doug Ford, who was campaignin­g in Brampton on Monday. “I have also stood by my brother and his family through so many of their challengin­g times, and will always be there for (Rob and Renata’s children). Renata’s lawyers have been clear to us throughout this campaign, that either we hand over money, or they would go public with these false claims, and that is exactly what they have done, with three days to go until the election.”

Randy Ford did not respond to a request for comment. Diane Ford sent the following statement through Doug’s spokespers­on.

“It is heartbreak­ing that Renata has chosen to bring forward these false and baseless allegation­s against our family, right in the middle of the provincial election campaign. As a family, our one goal is to ensure Rob’s children are cared for and their financial futures are secure. Renata has serious struggles with addiction, and our hope is that she will accept help for the sake of herself and my grandchild­ren,” Diane said in her statement.

Rob Ford was mayor of Toronto from 2010-2014. He died of cancer March 22, 2016. Although highly popular with a segment of the Toronto electorate, Ford was also wracked by substance abuse issues and was once videotaped smoking crack cocaine with people involved in the gun and drug trade. Through it all, his wife Renata stood by his side. They have two children, a boy and a girl.

The lawsuit details numerous allegation­s against both Doug and Randy, who are the trustees for their late brother’s estate. Doug and Randy are also trustees of the estate of the late Doug Sr., father of Rob, Doug, Randy and Kathy. Kathy is not mentioned in the lawsuit. The root of Renata’s issues lies with the assets of the family company, Deco Labels. Deco Labels was started in the 1960s by Doug Sr. Doug Sr. also, at one point, was a progressiv­e conservati­ve MPP and Doug Jr. is running to become Premier of Ontario under the progressiv­e conservati­ve banner. Doug Sr. died in 2006.

Renata alleges that, when Rob died, she was left with Rob’s shares in Deco. Renata said soon after, brother Doug approached her and suggested they settle the estate issues without involving legal advice.

“Let’s get rid of the lawyers and settle this on our own,” Renata quotes Doug in her statement of claim. “They will only steal your money. You’re going to lose everything in your savings.”

Renata states in her court filing that she did not follow Doug’s suggestion­s, nor did she agree to his suggestion that she sell her late husband’s shares to Doug. She says she tried many times to get an accounting of Rob’s estate, but she remains in the dark.

Renata states that she recently learned that Doug gave Randy Rob’s shares in Deco for a nominal cost of $1. She said she was then provided (the suit does not say who provided it) with a “third party valuation” of the shares and was told they had a “fair market value of zero.” The Deco company makes labels and does business out of an Etobicoke factory, and also in Chicago.

According to the statement of claim, financial statements of Deco, Deco Toronto has experience­d total losses of about $5 million between 2010 and 2017. Prior to Doug and Randy taking over it was profitable, she said.

 ?? CARLOS OSORIO TORONTO STAR FILE PHOTO ?? Renata Ford with Doug Ford in September 2016 at the announceme­nt of a book coming out on the Ford family.
CARLOS OSORIO TORONTO STAR FILE PHOTO Renata Ford with Doug Ford in September 2016 at the announceme­nt of a book coming out on the Ford family.

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