Billionaire Ron Burkle accuses his political power-broker protégé of multimillion-dollar fraud [Los Angeles Times (CA)]
Elevance Health, Inc. (ELV)
Company Research
Source: Los Angeles Times
The legal battle marks a dramatic falling-out between Anderson and his longtime mentor and former best man. Anderson blamed the breakdown of their partnership on Burkle's “greed” and relationships with questionable individuals. Billionaire Ronald Burkle is suing political power-broker Darius Anderson, accusing his former protégé and friend of cheating him out of millions of dollars. Burkle alleges that Anderson used the billionaire's network and a seed investment to build a powerful lobbying firm — only to later divert Burkle's share of the profits to himself. The legal feud marks a dramatic falling-out between Anderson and his longtime mentor Burkle, who was the best man at Anderson's wedding. Anderson has responded with a lawsuit of his own seeking to dissolve the lobbying firm on account of Burkle's “greed, mercurial behavior, and public reporting of relationships held by Mr. Burkle with certain individuals,” according to a complaint filed by Anderson's company DWA Enterpr
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ELV
Earnings
- 1/28/26 - Beat
ELV
Sec Filings
- 3/6/26 - Form 144
- 3/6/26 - Form 4
- 3/4/26 - Form 4
- ELV's page on the SEC website