The Class A directors of Demoulas Super Markets has filed suit against Class B directors, alleging that the minority board faction has been obstructing business by failing to appear at meetings, most recently a board meting scheduled Monday. The Class B directors are appointees of Market Basket president Arthur T. Demoulas, who lost control of the board to Class A directors led by his rival cousin, Arthur S. Demoulas, last summer. The estranged cousins are descendants of the brothers who ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.