Sears News

Mnuchin, Lampert Want Sears D&O Policy to Pay Their Legal Fees

Almost four months ago, the bankrupt estate of Sears Holdings Corp. sued Eddie Lampert and U.S. Treasury Secretary Steven Mnuchin over allegedly wrongful transfers of $2 billion in company assets. Now lawyers representing the two men have asked the federal …

Stanley Black & Decker in Craftsman Trademark Dispute with Sears

Sears is back into court, less than one month after emerging from bankruptcy protection. The retailer was sued on Wednesday by Stanley Black & Decker Inc, which accused it of breach of contract and trademark infringement over its new line …

Man Awarded $1.6M Following Sears Fork Lift Accident in New York

A Connecticut jury has awarded $1.6 million to a man who was seriously injured by a fork lift at a Sears warehouse in 2014. The Connecticut Post reports that the jury ruled in favor of Kevin Reid last Friday. The …

Court Shaves $2 Million in Lawyers’ Fees from Whirlpool Moldy Washer Settlement

A federal appeals court reduced by $2 million the legal fees that Sears Holdings Corp. and Whirlpool Corp. must pay to settle a class action lawsuit over defective washing machines. The reason: the case was not that complicated. The 7th …

Los Angeles Suing 4 Major Retailers Alleging Deceptive Ads

The Los Angeles city attorney’s office is suing four retailers for allegedly duping shoppers into believing they got bigger discounts than they actually did. The Los Angeles Times reported that the lawsuit alleging deceptive advertising was filed Thursday against JC …