Levi & Korsinsky, LLP is investigating Sears Holdings Corporation
(“Sears” or the “Company”) (Nasdaq:SHLD) in connection with possible
breaches of fiduciary duties by the board of directors of the Company.
To get more information, click here: http://zlk.9nl.com/sears-holdings-shld.
There is no cost or obligation to you.
On September 15, 2014, Sears revealed that the Company had entered into
a $400 million short-term loan with affiliates of Sears CEO Edward
Lampert and his hedge fund, ESL Investments. Lampert is the sole
stockholder of ESL Investments, which controls more than 23% of Sears’
common stock, while Lampert himself controls an additional 23.7% of
Sears’ common stock. The loan is secured by 25 undisclosed Sears
properties as collateral, and gives Lampert the option to swap out less
valuable stores.
If you own common stock in Sears and wish to obtain additional
information, please contact Eduard Korsinsky, Esq. either via email at ek@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/sears-holdings-shld.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
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Copyright Business Wire 2014