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 ...
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