Rapidfeed

Chapter 5 - The War for Westbrook Group

The victory in family court was a massive relief, but Julian warned us that cornered animals are the most dangerous. Margaret was not going to slink away into the sunset. She was a woman who defined her entire self-worth by control, and now that her control over her family was broken, she channeled every ounce of her rage into financial warfare.

On Monday morning, two days after the court hearing, Aaron arrived at his office at Westbrook Real Estate Group’s corporate headquarters in downtown San Diego.

He was greeted at the glass doors of his executive suite by two security guards.

"I'm sorry, Mr. Westbrook," the head security guard said, looking thoroughly uncomfortable. "Mrs. Westbrook issued an emergency board executive order this morning. Your security badge has been revoked, and your employment as Chief Development Officer has been suspended pending an internal audit."

Aaron stood in the carpeted lobby, watching his former colleagues peek out from behind their cubicle walls.

"Suspended?" Aaron said, a cold laugh escaping his lips. "On what grounds?"

"Misappropriation of corporate resources," a voice called out from the corner office corridor.

Darren Westbrook—Aaron’s thirty-four-year-old cousin, a slick, arrogant man who had spent his career piggybacking on Margaret’s favor—walked out into the lobby, holding a cup of espresso.

"Hey, cousin," Darren said, a condescending smirk plastered across his face. "Aunt Margaret called an emergency board meeting at six AM. Since you failed to show up for your duties—and given your recent... distractions—the board voted to suspend your executive access until we review your expense accounts."

"The board?" Aaron stepped past the security guards, getting right into Darren's face. "You mean Mother and her two puppet board members? Where was my father?"

"Uncle Richard didn't show up," Darren sneered. "Word is he's turned into a complete coward lately. Locking himself in his house. Anyway, Aaron, security will escort you to your office to collect your personal items. You have ten minutes."

Aaron looked at Darren, then at the security guards who were standing nervously behind him. He didn't yell. He didn't punch Darren in his arrogant face, though I knew he wanted to.

Instead, Aaron reached into his pocket, pulled out his personal phone, and tapped a single button.

"Julian," Aaron said into the speaker. "Execute Option B."

Darren’s smirk faltered slightly. "What's Option B?"

"You'll see in about five minutes, Darren," Aaron said softly. He turned on his heel, walked over to his desk, swept his family photos into his leather bag, and walked out of the building without looking back.

Forty-five minutes later, Aaron was sitting in Julian’s high-rise office down the street. I was sitting beside him, holding his hand, while Julian sat at his glass desk with three assistants frantically working behind him.

"It’s done," Julian announced, dropping a thick stack of press release filings on the desk. "At 10:00 AM, we officially filed a shareholder derivative lawsuit against Margaret Westbrook and Darren Westbrook in California State Court."

"What are the charges?" I asked.

"Corporate embezzlement, breach of fiduciary duty, self-dealing, and securities fraud," Julian said, his eyes gleaming with professional delight. "We submitted the digital files your father gave us, Aaron. We proved that Margaret used twelve million dollars of corporate trust funds to bail out Darren’s failing logistics company, and that Darren forged the coastal environmental inspection documents for the Del Mar project."

"What does that mean for the company?" Aaron asked, his tone serious.

"It means," Julian said, leaning back in his chair, "that at 10:15 AM, the Securities and Exchange Commission was formally notified. At 10:30 AM, the state licensing board opened an emergency investigation into Westbrook Real Estate Group. And as we speak..."

Julian turned on the large flat-screen television mounted on his office wall.

He flipped the channel to San Diego Financial News local update. A blonde reporter was standing outside the glass tower of Westbrook Real Estate Group.

"Breaking news in downtown San Diego," the reporter said, holding her microphone tight against the sea breeze. "Westbrook Real Estate Group, one of the region's largest luxury commercial developers, is facing a massive shareholder lawsuit alleging multi-million dollar fraud and illegal self-dealing. According to court documents filed just hours ago, company founder Margaret Westbrook and vice president Darren Westbrook are accused of falsifying environmental reports on the high-profile Del Mar Coastal development. Stocks for Westbrook holdings have dropped eighteen percent in mid-day trading, and federal regulatory agencies are reportedly reviewing company bank records..."

I gasped, covering my mouth.

The television screen cut to a shot of the building’s front entrance. Margaret Westbrook was being swarmed by news reporters as she tried to reach her towncar. Her face was pale, her eyes wide with shock as microphones were shoved into her face.

"Mrs. Westbrook! Did you authorize forged environmental reports?" "Is it true your son has filed a fraud lawsuit against you?" "Are federal prosecutors investigating Westbrook Group?"

Margaret ducked her head, her security guards shoving reporters out of the way as she practically fell into the back seat of her car. The black tinted windows rolled up, and the car sped away into traffic.

Aaron watched the television screen in total silence.

He didn't cheer. He didn't celebrate. He just sat there, watching the empire his grandfather built crumble live on television under the weight of his mother's greed and arrogance.

"Are you okay, babe?" I asked softly, rubbing his shoulder.

Aaron took a deep breath, turning to look at me. "I'm not doing this to destroy the company, Maya. I'm doing this to clean it. My grandfather built that business on honor. Margaret turned it into a weapon."

"What happens now?" I asked Julian.

"Now," Julian said, closing his laptop, "the board of directors will be forced to convene an emergency session without Margaret’s control. Under corporate law, when a CEO is indicted or under active federal fraud investigation, their voting rights are temporarily suspended. The remaining shareholders—which means Richard, Aaron, and the independent institutional investors—will hold the power."

"Which means Aaron can take control," I realized.

"If he wants it," Julian said, looking at Aaron. "Or he can sell it off, pay off the debts, and walk away with tens of millions of dollars to start his own firm. The choice is yours, Aaron."

Aaron’s phone rang.

He looked at the caller ID. It was Richard.

Aaron answered and put it on speaker.

"Aaron..." Richard's voice was shaking so badly he could barely form words. "The federal agents just arrived at the house. They're serving search warrants for Margaret’s private study files."

"I know, Dad," Aaron said quietly.

"She’s screaming, Aaron," Richard whispered, his voice sounding oddly hollow, almost relieved. "She's screaming at the agents, screaming at Pendelton... she’s completely lost her mind. She told me to call the police on the FBI."

"What are you going to do, Dad?" Aaron asked.

There was a long pause on the line. The sound of faint shouting could be heard in the background of Richard's phone—Margaret’s shrill voice demanding someone be fired.

"I'm packing a bag, Aaron," Richard said, a sudden, surprising firmness entering his tone. "I'm leaving her. I'm going to stay at the hotel down by the bay. I should have done it twenty years ago."

Aaron closed his eyes, a soft sigh escaping his chest. "Come to our house instead, Dad. The kids would like to see you."

Silence hung on the line for three long seconds. Then, a choked sob came from Richard. "Thank you, son. I'm on my way."

May you like

Aaron hung up the phone. He turned to me and pulled me into a tight embrace.

"It's over, Maya," he murmured into my shoulder. "She can't hurt us anymore."

Other posts