Sears Holdings Reaches $175,000,000 Settlement With Edward Lampert

Thread starter JayAgostino
Start date Aug 14, 2022

JayAgostino

Suspended

Aug 14, 2022

#1

I can't believe it took them this long to reach a settlement...

www.retaildive.com

Sears Holdings reaches $175M settlement with Lampert and company

The retailer entered bankruptcy in 2018. It has been stuck there ever since, as the company and its creditors pursued claims of “rank” self-dealing.

www.retaildive.com

In other news, their HQ is being auctioned off.

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