A Massachusetts judge granted Market Basket a temporary restraining order against former executives Joseph Schmidt and Tom Gordon. The order prohibits them from entering the grocery chain's 90 stores and property. The court found their actions threatened the company, as they had accessed stores without authorization and attempted to intimidate employees. Market Basket's board expressed concern over the potential disruption to operations caused by the executives, who are considered associates of the suspended CEO Arthur T. Demoulas. This legal action highlights the ongoing family power struggles within the company.
Market Basket has received a temporary restraining order from a Massachusetts judge against two former executives, barring them from the grocery chain's 90 stores and property.
The restraining order aims to prevent the former executives from engaging in unlawful behavior and intimidating associates within Market Basket.
The court concluded that the former executives were not credible witnesses, and their actions were detrimental to the operations of Market Basket.
The ongoing family disputes and power struggles have characterized Market Basket's long history, leading to recent tensions that prompted legal action.
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