Trial begins in Sears Hometown & Outlet Stores Inc. S’holder Litig., Del. Ch., No. 2019-0798. Plaintiffs in this matter allege that Eddie Lampert and his hedge fund forced a self-dealing buyout of Sears Hometown & Outlet Stores Inc. (“SHOS”). When Mr. Lampert was presented with a liquidation plan for one of the company’s two operating segments, Plaintiffs allege that Mr. Lampert took actions to prevent the liquidation, including replacing SHOS’ board seats with new directors.
Gregg Edwards was retained to assist Plaintiffs’ expert, Murray Beach of BCG Capital during expert discovery and trial.
