WSJ got this one right.
https://www.wsj.com/articles/old-sears-settles-disputes-with-new-sears-for-more-than-18-million-11578957302
Mark Cohen (former Sears Canada CEO), for one isn't having it. "He's had a puppet board who have never pushed back in any way that anyone has ever seen, and why would they?" he says. "They're all handpicked Eddie acolytes, and people have asked me for a decade, 'How does he get away with this – it's a public company and why isn't the board in action [given] the continued failure of the business?' To which I say, 'The board is meaningless . . . There's no governance here whatsoever.'"
It's great that a guy who used to working for him has been calling Eddie on his and his puppet board's illegal bs every step of the way. Too bad no one in the DOJ and SEC is listening with his college roommie Mnuchin as Treasury Secretary. They better hope President Sanders or Warren doesn't come about, because the both of them really have it in for Eddie. Watch for a deranged Commie rant coming from some incompetent Yale graduate who thinks he can run a business because he brokered some lucky deals with Autozone during caveman times soon.