- Sears accuses its former CEO Eddie Lampert of stealing billions of dollars from the once-storied retailer.
- Sears Holdings filed for bankruptcy in October, after years of losses under Lampert, who was then its chairman, CEO and largest shareholder.
- “Altogether, Lampert caused more than $2 billion of assets to be transferred to himself and Sears’ other shareholders and beyond the reach of Sears’ creditors,” the lawsuit alleges.
File this under "Things I'm Surprised Didn't Happen Years Ago".
Submitted April 18, 2019 at 02:10PM by AbulaShabula http://bit.ly/2Gnx2FC
