TEWKSURY, Mass. — Members of the Demoulas family, which owns the Demoulas Market Basket chain here, are involved in a new legal battle over a failed investment. Arthus S. Demoulas, who previously had been part of long-running battle over control of the company, is suing the supermarket chain and others involved with management of its profit-sharing plan, alleging that they violated the plan’s rules and lost more than $46 million during the financial meltdown of 2008. The suit, which was ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.