Comment on Sears accuses Eddie Lampert of looting the company

Sears accuses Eddie Lampert of looting the company

Sears Holdings sued longtime Chairman Eddie Lampert, his hedge fund ESL Investments, and former directors including Treasury Secretary Steven Mnuchin, accusing them of allowing the retailer to be looted of billions of dollars before its October 2018 bankruptcy. The lawsuit, made public on Thursday, was filed by the restructuring team winding down what remains of...

 

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