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Busty2 · 05-02-2019, 09:49 AM

The remains of defunct Sears Holdings is suing Eddie Lampert, the man who was its previous CEO and primary shareholder and Steven Mnuchin, alleging they improperly stripped the company of assets as it hurdled toward bankruptcy.

The suit names ESL, the hedge fund that Lampert controls, as well as Lampert, as defendants. It also names Steven Mnuchin, Lampert's college roommate and a former member of the Sears board of directors before he became US Treasury Secretary. Other former executives and directors of the pre-bankruptcy Sears are also named.

05-02-2019, 09:49 AM	#1
Busty2 Member since 1999 Industry Role: Join Date: Dec 2007 Location: Off the Amalfi coast Posts: 7,202	Chump fills the swap with only the best people ! The remains of defunct Sears Holdings is suing Eddie Lampert, the man who was its previous CEO and primary shareholder and Steven Mnuchin, alleging they improperly stripped the company of assets as it hurdled toward bankruptcy. The suit names ESL, the hedge fund that Lampert controls, as well as Lampert, as defendants. It also names Steven Mnuchin, Lampert's college roommate and a former member of the Sears board of directors before he became US Treasury Secretary. Other former executives and directors of the pre-bankruptcy Sears are also named.