Saari v. Fieweger

CourtOhio Court of Appeals
DecidedMay 1, 2026
DocketL-25-00084, L-25-00093
StatusPublished

This text of Saari v. Fieweger (Saari v. Fieweger) is published on Counsel Stack Legal Research, covering Ohio Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Saari v. Fieweger, (Ohio Ct. App. 2026).

Opinion

[Cite as Saari v. Fieweger, 2026-Ohio-1593.]

IN THE COURT OF APPEALS OF OHIO SIXTH APPELLATE DISTRICT LUCAS COUNTY

Beth Saari Court of Appeals No. {48}L-25-00084 {48}L-25-00093 Appellant/Cross-appellee Trial Court No. DR0202000462 v.

Joshua Fieweger DECISION AND JUDGMENT

Appellee/Cross-appellant Decided: May 1, 2026

*****

Craig M. Witherell and Maria Spasovska, for appellant/cross-appellee.

Michael E. Bryant, for appellee/cross-appellant.

***** SULEK, J.

{¶ 1} Appellant/cross-appellee, Beth Saari, and appellee/cross-appellant, Joshua

Fieweger, appeal the judgment of the Lucas County Court of Common Pleas, Domestic

Relations Division, which granted the parties a divorce and divided the parties’ assets and

debts. For the reasons that follow, the trial court’s judgment is affirmed, in part, and

reversed, in part and the matter is remanded for the court to clarify the parties’

distributive awards and its valuation of the newly vested stock and options. I. Facts and Procedural History

{¶ 2} Saari and Fieweger married on June 17, 2017. No children were born of the

marriage. On July 31, 2020, Saari filed a complaint for divorce; Fieweger answered the

complaint and filed a counterclaim for divorce.

{¶ 3} On September 9, 2020, the magistrate ordered that Fieweger pay Saari

temporary spousal support in the sum of $3,500 per month, retroactive to August 20,

based on its calculation of Fieweger’s annual gross income at approximately $1 million

and Saari’s at $0. Saari filed a written request for an evidentiary hearing to modify the

magistrate’s order. The parties both disputed the income, or lack thereof, and expenses

attributed to each party.

{¶ 4} On February 26, 2021, the court awarded Saari $6,228 monthly in temporary

spousal support, effective September 9, 2020, which included tuition costs explaining that

the sum would ultimately benefit Fieweger by increasing Saari’s employability. The

court did not modify the calculation of Fieweger’s gross income

{¶ 5} On February 1, 2022, the court ruled on several pretrial motions granting

Saari’s motion for interim attorney fees in the amount of $9,500 and denying her motion

to escrow Fieweger’s annual bonus. The court granted Fieweger’s motion for a

vocational assessment of Saari.

{¶ 6} Following extensive discovery, motion practice, and Saari’s two counsel

changes, on June 15, 2022, the matter proceeded to a four-day trial. The parties

presented the following relevant testimony which incorporated volumes of evidentiary

2. documents. Saari’s stock valuation expert, Gregory Light, testified that he reviewed a

Welltower corporate stock valuation analysis prepared by Fieweger. The analysis

included various types of stock included in Fieweger’s compensation: vested and

unvested stock, stock options, and stock and options able to be earned under Welltower

performance metrics. Light also reviewed Fidelity investment account statements that

formed the basis of Fieweger’s analysis.

{¶ 7} Light stated that the analysis was largely accurate excepting the stock

options. He explained that Fieweger used the current, or intrinsic value (the exercise or

strike price which was below market value) and did not consider the added value or value

potential above and beyond the intrinsic value. Light used the Black Scholes stock

options’ valuation method which “captures both the intrinsic value and the value over and

above” the intrinsic value.

{¶ 8} Using this method, Light calculated the performance-based options at $19.09

per share versus Fieweger’s intrinsic, value-only amount of $2.33. The time-based

vesting options were valued at $23.79, versus $18.60. He set the gross fully vested

potential maximum value for the performance options at $375,958, and the time options

at $97,515 (both values are pre-tax and assuming the entire value is attributable to the

marriage). Light acknowledged that future changes in the value of the stock prices would

alter their value.

{¶ 9} Counsel questioned Light regarding an October 12, 2021 Computershare

document representing its holding, as a stock transfer agent, of 894 shares of Fieweger’s

3. Welltower stock with a value of $83.29 per share or $74,461.26. On December 31, 2021,

the closing price of the stock was $85.77, or a total of $76,678. Light did not see any

indication in the October, November, or December 2021 Fidelity statements of the shares

being transferred to the Fidelity account.

{¶ 10} Light agreed on cross-examination that the October-December 2021,

Fidelity investment statements list a grant date of February 16, 2021 for unvested stock

Grant Id. 2021PRSU, in the amount of 894 shares. Light acknowledged the possibility

that Computershare holds the stocks but that they could also appear on the Fidelity

statements. He also questioned why the Fidelity statements only listed 894 shares of

unvested stock and not the entire 2,193 shares of restricted stock.

{¶ 11} Light conceded that in the unlikely event that Welltower went bankrupt, all

the stocks and options he valued could potentially have no value. He also agreed that

Fieweger’s analysis was fair and forthright.

{¶ 12} Saari has a master’s degree in accounting and testified that her last

employment ended in 2016, after her position was eliminated. Her yearly salary was

approximately $35,000 to $40,000. Saari stated that during the marriage Fieweger

wanted her to stay home and run the household. She is currently unable to work in

accounting due to an eye condition causing blurry vision. Saari testified that to become

employed she needs additional training and listed $1,200 in monthly tuition on her

expense schedule. She agreed that she has not yet returned to school, blaming it on debt

4. and a knee surgery. She removed the tuition expenses from the schedule filed the week

prior to trial.

{¶ 13} Saari stated that her total monthly expenses for her and her three children is

$14,000, and she is requesting a spousal support order. Saari testified regarding three

bank accounts, each in her name and the name of one child. She stated the accounts were

mainly funded from child support payments transferred from the same account. In

November 2017, Saari’s “child support account” had an ending balance of $95,000. In

December 2017, the account value increased from $95,000 to $184,412.94, with a

transfer from the parties’ joint account. She indicated that she transferred $33,500 into

each child’s account; she requested these amounts be considered separate property. On

May 20, 2020, three separate $60,000 deposits were transferred from a money market

account into each account; Saari believed Fieweger authorized the transfers to help save

for her children’s college. She then clarified that at the time she transferred the $180,000,

she had discussed filing for divorce and that Fieweger threatened her stating that “he was

going to take their child support and their college money and everything if I did.” Saari

admitted that she did not list the children’s accounts on her schedule of assets following

“advice of counsel” but denied any attempt to hide the assets. Saari agreed that her

former counsel filed a motion to quash the subpoena or to grant a protective order

regarding the account information.

5. {¶ 14} Saari testified regarding a 401(k) set up in 2015 or 2016 through her former

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