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...

BING NEWS:
  • Sears quietly reopens Burbank store: What's behind the comeback?
    The newly reopened Burbank location, which initially closed one year ago, likely didn't look so different from a typical Sears store in 2005, when hedge fund operator Eddie Lampert bought control ...
    12/11/2023 - 8:34 am | View Link
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