Los Angeles Times: Ledger War at Leisure World
The battle between a determined cadre of Leisure World residents and managers of their Seal Beach retirement community escalated Friday after management lawyers vowed to sue to keep financial records secret.

Seven residents — who are members of the nonprofit foundation that runs Leisure World — went to small-claims court in June to compel the foundation to open its books, saying that because they pay monthly dues, they have the right to inspect the books to see where the money is going.

But in a small courtroom Friday, attorneys for the Golden Rain Foundation said they would preempt the residents' argument and file their own Superior Court lawsuit to keep the books out of the residents' hands.
[more]