East Village/LES development mogul Ben "The Sledgehammer" Shaoul has announced that he and his parents have "put their differences behind them and reached an amicable solution" in response to the $50 million February lawsuit the senior Shaoul's filed against their son, claiming he used funds from the family-operated Magnum Real Estate as his "own personal piggy bank." In an email, Shaoul wrote, "Over the course of the last two years, they have reflected upon the source of the family discord, explored their respective positions and have agreed that legal action was ill-advised under the circumstances." Looks like Shaoul's learned a thing or two about shifting blame. [TRD; previously]
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