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Sears Former CEO Allegedly Profited Off Bankruptcy While the Company Sank into Debt — Chicago Shareholder, Partner and LLC Dispute Lawyers Near Oak Brook and Naperville

If the CEO of a bankrupt company buys shares in a spinoff company, is that evidence of sabotage, or just that they’re trying to make the best of a bad situation? Edward Lampert, who was chairman and CEO of Sears Holding Corp. when it went bankrupt, is now being sued…

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