8 August 2013 7:40 PM, PDT | Variety - Film News | See recent Variety - Film News news »

The battle over SAG-aftra’s funds held in trust has escalated in the wake of Ed Asner’s lawsuit alleging misconduct over how the union handles over $100 million of such monies.

The long-running firefight, dating back to a 2007 lawsuit filed by “Leave It to Beaver” actor Ken Osmond, received additional fuel via SAG-aftra’s Lm-2 report filed last week with the U.S. Department of Labor. The report for the fiscal year ended April 30 listed that the “Funds Held in Trust for Others” category totalled $132.26 million.

That’s a substantial increase over the funds listed in last year’s reports from SAG and AFTRA, which merged in March, 2012.  SAG’s fiscal 2012 report listed $100.48 million for the same item while the AFTRA LM2 national report listed a total of $11 million including $7.53 million of funds due to members that the union could not locate.

None of the reports broke down the funds further. »


- Dave McNary

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