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LARRY EDELMAN
Siblings see an abuse of the family business; the father sees a misguided money grab
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Massachusetts has seen its fair share of high-profile family feuds. Here’s a new one: the Sheehans of beer distributor Sheehan Family Cos.
If you’ve bought a Bud in the Boston area, chances are good a Sheehan truck delivered it to the restaurant, bar, or packie.
The enterprise is nearly 100 percent owned by the eight children of Gerald and Maureen Sheehan. But the old man, who goes by Jerry, remains firmly in charge even at 89, thanks to his control of the company’s voting shares.
In recent years, Jerry has been at odds with the two siblings most deeply involved in the business over his control of the company's finances. A few days before Christmas, the brothers took the fight public in Suffolk Superior Court, with a lawsuit alleging financial misconduct by their father.
Read the full story.
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