Did Romney Lie in Friend's Divorce Hearing?

Gloria Allred, 'Boston Globe' want to unseal testimony
By Kevin Spak,  Newser Staff
Posted Oct 24, 2012 10:19 AM CDT

(Newser) – Gloria Allred and the Boston Globe are in court this morning trying to unseal testimony Mitt Romney gave more than a decade ago, and TMZ thinks it has the scoop on what's in that testimony. The testimony came during a divorce hearing for Staples founder Tom Stemberg, a good friend of Romney's who has stumped for the candidate. Sources tell the gossip site that Romney, whose Bain Capital was an early investor in Staples, told the court that Staples was almost worthless, and that he "didn't place a great deal of credibility in the company's future."

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Thanks in part to that testimony, Stemberg's wife, Maureen Stemberg Sullivan, got a relatively stingy settlement, while the sources say that Romney and Stemberg cashed in big on their Staples shares just weeks later. The sources also allege that years later, while Stemberg was a health care adviser for Romney, he cut off Sullivan's health insurance; she suffers from MS and has had multiple bouts with cancer. Other sources vary on the content of the testimony, however; Radar reports that Romney simply testified as to Stemberg's ability as a father. The AP reports that Sullivan appeared in court today with Allred to support the unsealing of the testimony. Romney's attorney has said he has no position on the request. (Read more Mitt Romney stories.)

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