Larry King’s widow, who sued her own sister, a financial advisement firm and other defendants in order to recoup millions of dollars from the broadcaster’s estate that she contended belonged to her, has reached a settlement in what remained of the litigation.
One of the defendants in Shawn King’s Los Angeles Superior Court suit was Blouin & Co., which the former couple hired to manage their financial affairs. King dropped Blouin as a defendant in October 2024.
The other defendants she sued included her sister, Shannon Engemann Grossman, who the plaintiff alleged had benefited from Blouin’s alleged wrongdoing. On Thursday, King’s attorneys filed court papers with Judge Steve Cochran notifying him of an “unconditional” resolution in the part of the case with Grossman. No terms were divulged.
Shawn King had sought more than $100 million on alleged causes of action that included professional negligence and fraud.
Larry and Shawn King filed separate divorce petitions in 2010 and he filed for divorce again in 2019, but the dissolution of marriage was never finalized and the estranged couple was still legally married when he died in January 2021 at age 87.
In her suit filed in October 2022, Shawn King maintained that Blouin managed secret bank accounts to facilitate transfers of funds that were gifted to several others. Shawn King alleged that Grossman “received a substantial number of improper and unauthorized transfers of Mrs. King’s community assets.”
Specifically, the suit alleged that Blouin enabled Grossman to receive millions of dollars in airfare, luxury clothing and accessories, furniture, limousine services, healthcare services, dental implants and luxury automobiles and hotel accommodations. In 2010, Grossman denied media reports that she and Larry King were having an affair.
King began his decades-long broadcasting career as a radio announcer and hosted a call-in talk show, “Larry King Live,” on CNN from 1985 to 2010. He married the former Shawn Southwick, a singer, TV host, actress and producer, in 1997, and they had two sons. He also had four other children from previous marriages.