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Man Sued by His Mother-in-Law and Sister-in-Law for Losses

lawsuit-settlementOMAHA, Neb. (AP) — An Omaha man’s mother-in-law and sister-in-law say he mishandled their investments and cost them more than $1 million.

Anna Pettis and Michele Palagi have filed a lawsuit against Philip Huston demanding that he repay what was lost.

Huston’s attorney, Dave Domina, says his client is in a difficult spot financially because he also invested in an Alabama coal producer that filed for bankruptcy protection.

Denise Frost, who represents Pettis and Palagi, says her clients just want to make sure they have enough money to live on. So they want a judge to order the sale of some of Huston’s assets, possibly including a resort in Canada or his home across the street from Warren Buffett’s in Omaha.

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