July 3, 2022

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Orioles CEO John Angelos wrested control of the team at the brother's expense, suing the lawsuit

Orioles CEO John Angelos wrested control of the team at the brother’s expense, suing the lawsuit

John Angelos, the CEO of the Baltimore Orioles, was accused in a lawsuit this week of taking over the team at the expense of his brother Lou — and in defiance of the wishes of their father, Peter.

Peter Angelos became the owner of Orioles in 1993, but his public role has waned in recent years and he turns 93 next month.

John Angelos is the club’s chairman and CEO, with Peter Lou and listed on the team’s website as part of his limited partnership group. In a lawsuit filed Thursday in Baltimore County Circuit Court, Lou Angelos said John tried to take control of their father’s estate while excluding Lowe.

In 2018, [Peter] The lawsuit said Angelos became disabled. Shortly thereafter, John proceeded with a series of steps to take full control of Mr. Angelos’ assets for himself. He achieved this by manipulating his mother, Mrs. Georgia Angelos, now eighty years old, and in doing so making her the satisfaction of his will.”

Lou Angelos is the plaintiff in the lawsuit. John and Georgia Angelos are accused.

According to the lawsuit, Peter Angelos underwent surgery after his aortic valve failed in 2017. Around that time, he executed a revocable credit and permanent power of attorney.

“The primary purpose of these documents was to ensure that Mr. Angelos’ children would work together to support their mother, participate in decision-making, and enjoy equal inheritance rights,” the lawsuit said. “Mr. Angelos never intended that one son should control his property except for his other son.”

The lawsuit accuses John Angelos of working to undermine Georgia Angelos’ confidence in Law, and of excluding him from the Orioles’ business affairs.

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“The corrupting effect of John’s actions is to completely thwart Mr. Angelos’ intentions,” the lawsuit said. “John intends to retain absolute control of the Orioles — to manage, sell or, if he chooses, move to Tennessee. [where he has a home and where his wife’s career is headquartered] Without the need to respond to anyone.

The lawsuit did not say whether there was any significant possibility of the team moving. She claimed that Ms. Angelos felt it was in the best interest of the fund to sell the team – but John Angelos tried to prevent it.

The lawsuit also alleges that in 2019 former Oriole player Brady Anderson’s John Angelos ordered dismissal as part of an effort to remove people who opposed his actions. Anderson, who spent nearly 15 years of his career playing for Baltimore, returned to the organization and became the vice president of baseball operations.

The Orioles declined to comment on Friday when asked if the team or John Angelos had received any response.