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April 19, 2019

Sears sues former chairman Lampert

NEW YORK (AP) — Sears Holdings Corp. is suing its former chairman and largest shareholder Eddie Lampert, alleging the billionaire stripped the once iconic company of more than $2 billion in assets.

The lawsuit also names former Sears directors, including U.S. Treasury Steven Mnuchin as well as executives at Lampert's hedge fund ESL.


 
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