Sears Holding Corp. is suing its former chairman, Eddie Lampert, as well as former board members including Treasury Secretary Steven Mnuchin for allegedly stripping the retailer of billions of dollars
The lawsuit filed today by Sears against Eddie Lampert and his hedge fund cronies alleges what analysts and Sears employees have been saying for years—that Lampert was siphoning off billions from Sears
Sears sues former CEO Edward Lampert, claiming he stripped $2 billion in assets as it headed to bankruptcy
Sears Holdings Corp. has filed a lawsuit against its former chairman and CEO, Edward Lampert, and his hedge fund, claiming they wrongly siphoned $2 billion in assets from the company as it headed for “Had
An Ontario Superior Court judge on Monday gave the green light to at least two lawsuits going ahead against Edward Lampert, his hedge fund and former directors of insolvent Sears Canada Inc. The lawsuits,
Sears Canada Inc. pensioners have dropped their bid to recoup all of the money available to remaining creditors in the retailer’s insolvency proceedings, instead agreeing to collect an estimated $48-million.