Four of Barry Sherman’s cousins had a long running (and to date unsuccessful) law suit against him claiming millions of dollars — and at the time of his death were reportedly preparing an appeal.
Kerry Winter and his three brothers alleged that Mr Sherman had cut them out of the pharmaceutical company he built up from Empire, their father Louis Winter’s company.
Mr Sherman worked for Empire and acquired it in 1967 after the elder Mr Winter’s death.
In their suit, the cousins argued that Mr Sherman had promised the executors of their parents’ wills that they would be included in the company and allowed to buy stock — and that that promise should have remained in place when Mr Sherman went on to set up Apotex. Instead, they said, they were cut out of the family fortune.
