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McDonald's Board Sued Over Ex-CEO's Affair Scandal Losses

ADVERTISEMENT ADVERTISEMENT McDonalds Board Sued Over Ex-CEOs Affair Scandal Losses Law360 (April 21, 2021, 9:40 PM EDT) -- The Teamsters have sued nine McDonalds board members in Delawares Chancery Court, accusing them of breaching their fiduciary duty when they allowed former McDonalds CEO Stephen Easterbrook to waltz off with a separation package purportedly worth $56 million after being fired for having an improper relationship with a subordinate. Teamsters Local 237 Additional Security Fu...
United States Stephen Easterbrook Additional Security Fund Delaware Chancery Court Chancery Court Security Fund
Source: law360.com

Ex-McDonald CEO Can't Ax Clawback Suit Over Worker Affairs

A Delaware vice chancellor refused Tuesday to toss McDonald's Corp.'s lawsuit seeking to claw back more than $32 million in equity and severance benefits paid to former CEO Stephen Easterbrook, who allegedly had relationships with several subordinates, rejecting Easterbrook's arguments that the case is insufficiently pled and belongs in Illinois.
United States Stephen Easterbrook Mcdonald Corp Vice Chancellor Joseph ஒன்றுபட்டது மாநிலங்களில் ஸ்டீபன் ஈஸ்டர் ப்ரூக்
Source: law360.com

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