Sears Holdings Corp (NASDAQ:SHLD) Shareholder Alert: Lawsuit over Alleged Wrongdoing Filed
July 13, 2015 at 11:30 AM EDT
San Diego, CA -- (SBWIRE) -- 07/13/2015 -- An investor in shares of Sears Holdings Corp (NASDAQ:SHLD) filed a lawsuit against the CEO Edward Lampert and certain directors of Sears Holdings over alleged breaches of fiduciary duties in connection with the company's plan to sell of its prime real estate holdings to a trust at the expense of shareholders while benefiting Lampert. The plaintiff says that the proposed transaction is a financially and structurally unfair deal.