UMG Says Petty's Ex-Wife, Attys' Rashness Merits Sanctions

By Lauren Berg (April 2, 2021, 4:27 PM EDT) -- Universal Music Group urged a California federal judge on Thursday to sanction Tom Petty's ex-wife and her counsel, saying they failed to investigate whether she had the ability to sue for part of a $150 million insurance settlement following a 2008 fire that allegedly ruined the songwriter's master recordings....

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