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Dad sues sons who fired him as CEO

Summary by BusinessDen
Kevin Semcken at the 2013 Consumer Electronics Show. (X) A local entrepreneur says that he handed his three thirtysomething sons successful companies, more than $7 million in loans and a $900,000 line of credit only to watch them side with his ex-wife in a divorce, try to extort him and run their gifted businesses into the ground. “Kevin Semcken is concerned about his sons and about the companies which he founded for them,” attorneys for that bu…
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BusinessDen broke the news in on Thursday, October 30, 2025.
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