A Woodside man deprived his three adult kids of their mother's love and moral support when he murdered her for $31 million in insurance money, according to a lawsuit filed by the children.

Pooroushasb "Peter" Parineh's children have sued him for an unspecified amount of money in compensation for the death of their mother, Parima Parineh, the suit says. Peter Parineh has been charged in San Mateo County with the April 2010 shooting and killing of his wife in their Woodside mansion during a desperate attempt to right his ruined finances.

Austiag Hormoz Parineh, a son who lives in Orange County, as well as San Francisco residents Austiaj Parineh, a daughter, and Khashayar Parineh, a son, are also seeking punitive damages from their father. Punitive damages are monetary awards that punish people who commit particularly malicious wrongs.

Prosecutors say Parineh fired two shots into his wife's head and then called police to report that she had committed suicide. In fact, authorities say, he killed her and then attempted to stage a suicide scene.

Parineh, a real estate investor, hoped to collect insurance money that would pay off the at least $14 million in debt that had piled up since the economy hit the skids in 2008.

Parineh's children say their mother, an artist who emigrated from Iran as a young woman, survived her wounds for a time before dying as a direct result of their father's actions, according to the April 11 suit filed in San Mateo County Superior Court. Police have said that Parineh told his daughter he'd shot her mother, but only as an act of mercy.

The children's attorney, Andrew Holland, declined to comment on the case, saying he doesn't discuss pending litigation. Parineh's criminal defense attorney Dek Ketchum didn't immediately respond to a phone message seeking comment.

Parineh is being held without bail. His trial in the slaying is slated to begin in October.

Contact Joshua Melvin at 650-348-4335. Follow him at Twitter.com/melvinreport.