Settlement Between Siblings In The Adell Estate Lawsuit

DETROIT (WWJ) - A dispute over late WADL-TV/Channel 38 founder Frank Adell's multi-million dollar estate has been settled.

Lawyers say Adell's three kids were supposed to evenly split the estate, valued at an upwards of $40 million, but now two of the kids are left with just $3.5 million.

Attorney Michael Allen Schwartz says that's because the pair of sisters wanted more than their fair share and wrongly went after their brother, Kevin Adell.

"They went to a lawsuit and ended up with pennies on the dollar. That's just the old-fashioned adage that greed is bad," said Schwartz.

A lawyer for Laurie Fischgrund and Julie Verona, meanwhile, says the pair had to sue, because Kevin Adell had stopped giving them money from the estate.

Attorney Jeff Heuer says the sisters got sick of fighting with their brother and settled for 3 and a half million.

"Everybody was a loser because of the way Mr. Adell conducted himself," said Heuer. "He's an extremely difficult individual, that's putting it nicely."

The battle had been going on since 2008.