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Lawsuit Claims US Tycoon With $1.7B Empire Denied Insurance Over Drinking & Drug Use

Summary by IBTimes UK
IMAX chief executive Richard Gelfond is facing a $4.5 million lawsuit from his ex-wife Linda Stein, who alleges he breached their divorce settlement by failing to secure a life insurance policy. Court filings claim Gelfond became uninsurable through excessive alcohol and drug use, leaving Stein unable to collect her share of his retirement benefits. Stein v. Gelfond: The Lawsuit Explained Richard Gelfond was named in a breach-of-contract lawsuit…
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IBTimes UK broke the news in United Kingdom on Monday, September 15, 2025.
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