The widow of a former co-owner of a school bus business is demanding that the Yonkers company reveal its finances.
Ana M. Rosello, as executrix of the estate of Francisco “Orly” Rosello, claims that VP Buses LLC has repeatedly refused to allow inspection of legal and financial records, in an April 15 lawsuit filed in Westchester Supreme Court.
“Without producing its books and records,” the complaint states, “the estate cannot value decedent’s membership interest in VP Buses and is therefore not in any position to consider a sale of decedent’s membership interest.”
Francisco Rosello was born in Argentina, according to an obituary, practiced dentistry there until 1994, immigrated to the U.S., settled in Yonkers and worked for Mile Square Transportation school bus company for more than 20 years.
VP Buses was formed in 2015 to provide transportation for students of the Yonkers City School District. Rosello joined in 2022, his widow says, was responsible for daily operations, and held a 50% interest in the business.
On the morning of Nov. 2, 2024, he was riding his BMW motorcycle on Route 22 in North Castle and was fatally injured in a head-on collision with a Jeep.
Ana Rosello is trying to marshal estate assets, the complaint states. On Aug. 28 she asked to inspect VP Buses’ financial and legal records, and this past Jan. 9 and Feb. 11 she repeated her demand.
VP Buses has refused to produce records, according to the complaint, and has claimed that it has no such records. Instead, it has offered to buy Francisco Rosello’s membership interest, based on one-page of “purported financials” without any backup.
“Upon information and belief,” the complaint states, “VP Buses does not want to pay the value of decedent’s membership to the estate.”
Ana Rosello is asking the court to declare that the estate is entitled to the financial and legal records, under state business law, and order VP Buses to produce the records within five business days.
VP Buses’ attorney, Paul W. Meyer Jr., did not reply to a message asking for his client’s side of the story.
The Rosello estate is represented by attorney Andrew P. Tureaud, of Keane & Beane, P.C., White Plains.
