By CCN: Sears is in a downward spiral and it’s trying to take down as many others as possible, too, including a top advisor to President Trump. The retailer, which is currently in bankruptcy protection, has filed a lawsuit against its former CEO Eddie Lampert, his hedge fund ESL Investments, Treasury Secretary Steven Mnuchin, and others. Sears filed for Chapter 11 bankruptcy protection six months ago. Mnuchin was on the Sears board of directors for more than a decade but resigned when he became Treasury Secretary. He has reportedly poured $26 million into Lampert’s hedge fund. The complaint alleges that
The post Sears Shocker: Retailer Sues Top Trump Advisor for Siphoning Billions appeared first on CCN
source https://www.ccn.com/sears-sues-trump-advisor
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