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

[JayAgostino]

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

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.