UPDATE: Michael's legal team responded to the allegations, telling "Extra" on Friday, "Mr. Lockwood and his lawyers believe that it is very unfortunate and inappropriate that Ms. Presley chose to file a one-sided, inaccurate version of the facts in the Family Law Court’s publicly accessible files. Ms. Presley and her lawyers undoubtedly knew that their highly sensational, inaccurate and unproven claims would be of great interest to the media, which would disseminate Ms. Presley’s inaccurate story as a result. To make matters worse, Ms. Presley failed to disclose very important information in the papers she filed in the Family Law Court and the things she failed to disclose are directly related to her inflammatory claims against Mr. Lockwood. Mr. Lockwood is not going to publicly disclose very negative information about Ms. Presley to retaliate. Mr. Lockwood and his lawyers did not choose to litigate these personal matters in the press. Therefore, while Mr. Lockwood denies the truth of what Ms. Presley chose to put in the press, he has no further statement at this time."
Lisa Marie Presley’s twin daughters are under the care of California’s Department of Children and Family Services after she reportedly found “disturbing” photos and videos of children on ex Michael Lockwood's computer.
"Extra" obtained the court papers, in which Lisa claims, "I was shocked and horrified and sick to my stomach.”
The documents revealed that over 80 devices belonging to Lockwood were taken by the Beverly Hills Police Department for investigation and have not been returned. According to the papers, she went on, "My understanding is that Tennessee law enforcement is also conducting an investigation related to the photos and videos that I discovered. I have no idea what else may be on those devices and fear that there are more and worse images and evidence in these un-analyzed devices.”
The two split in July after 10 years of marriage. While Michael is reportedly asking for $40,000 per month in spousal support, Presley is claiming she is broke, despite inheriting $300 million from her famous father Elvis Presley, who died in 1977. According to the papers, she said, “Approximately a year ago I discovered that [Michael] had spent over a million dollars of my separate property funds without my consent. When I confronted (him), he acknowledged that he had spent the amount on my credit cards.”
"Soon thereafter, I learned that my former business managers had misused my funds," she added in the documents. "While I am still investigating, I understand that there was extreme misappropriation."
“Extra” has reached out for comment from Lisa and Michael and have not heard back.
Dailymail.com was the first to report the news.