Page 88 - Steve Easterbrook News Today

On Tuesday, Vice Chancellor Joseph Slights III of the Court of Chancery in Delaware denied Easterbrooks motion to dismiss the companys lawsuit against him.  McDonalds sued Easterbrook in August, alleging that the company found new evidence that he covered up sexual relationships with three female employees during his last year leading the company. According to McDonalds, investigators uncovered "dozens of nude, partially nude, or sexually explicit photographs and videos of various women," incl...

A Delaware court on Tuesday denied a request by former McDonald’s CEO Steve Easterbrook to toss out a lawsuit that accuses him of lying about sexual relationships with subordinates and seeks to take back tens of millions of dollars of his severance.

Judge Rules McDonald’s Can Sue Ousted CEO Over Alleged Lies About Affairs By Tom Hals and Jonathan Stempel | February 3, 2021 A Delaware judge on Tuesday rejected former McDonald’s Corp Chief Executive Steve Easterbrook’s bid to dismiss a lawsuit by the fast-food chain seeking to recoup millions of dollars in severance pay because he allegedly covered up improper sexual relationships with employees. McDonald’s knew that he had engaged in one, non-phys...

McDonald’s said the decision will allow it to move forward with its lawsuit. A Delaware judge decided against dismissing a McDonald’s lawsuit aimed at recovering millions in severance from former CEO Steve Easterbrook, who’s been accused of hiding multiple affairs while at the company. The back-and-forth began in August when the fast-food chain said it found evidence that Easterbrook covered up sexual relationships with three employees and approved a stock grant worth “hundreds of tho...

February 3, 2021 A Delaware judge on Tuesday rejected former McDonald’s Corp Chief Executive Steve Easterbrook’s bid to dismiss a lawsuit by the fast-food chain seeking to recoup millions of dollars in severance pay because he allegedly covered up improper sexual relationships with … Sign up to get news! Most Popular

Former CEO Steve Easterbrook had sought dismissal of severance package lawsuit in Delaware court A Delaware judge on Tuesday rejected fired McDonald’s Corp. CEO Steve Easterbrook’s bid to dismiss a lawsuit that accuses him of lying about sexual relationships with employees and seeks the return of millions of dollars in severance payments. Chicago-based McDonald’s in August sued Easterbrook in the Court of Chancery of the State of Delaware to recover compensation and severance benefi...

Share: Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 125.7%. But there is no question some big-name stocks performed better than others along the way. A Tough Path: One company that has struggled to keep pace since 2016 has been McDonalds Corp (NYSE: MCD). But despite struggles along the way, McDonald’s investors have gotten some decent overall returns. The company has faced...

Workers at franchised McDonalds locations in St. Louis, Los Angeles, and Kansas City, Missouri, have filed lawsuits against the company in recent weeks alleging sexual assault and harassment. The most recent case was filed Thursday morning by a woman named Delisha Rivers. Rivers alleges that a manager attempted to pressure her into sexual acts in exchange for cash and a raise when she was a shift leader at a McDonalds in early 2019. The complaint says she began facing retaliation at work after ...

By Thomas Gryta General Electric Co.s board wont claw back compensation from former CEO Jeff Immelt and other executives over GEs accounting issues or Mr. Immelts use of a backup corporate... | January 27, 2021

No Lettuce or Tomatoes! McDonalds May Blame Brexit For Supply Challenges Published December 30th, 2020 - 01:35 GMT (Shutterstock) Highlights He told investors at the time: Theres a lot of talk about people having less to spend but weve certainly not seen the business miss a beat in the UK. McDonalds has blamed supply challenges following Brexit after warning customers that lettuce and tomato could be missing from its burgers. A series of posters have been put up at its fast food outlets ...