The board of directors at Market Basket says it is locked in a dispute with former CEO Arthur T. Demoulas over key company documents as the two sides prepare for a civil trial in Delaware in just 11 days.
According to The Boston Globe, the board has requested records related to budgeting, capital expenses, and succession planning, but claims many of those documents have not been provided. Market Basket officials say they’ve received only one page from a notebook, despite Demoulas telling the court he does not use email and instead keeps handwritten notes.
The board is reportedly seeking evidence that Demoulas encouraged his top executives to organize a boycott or walkout. Demoulas was fired in September after being accused of attempting to create a work stoppage. He is now countersuing to regain his position…