Former employees at Bostwick Braun say their stock option plans now have no value

TOLEDO, Ohio — Dozens of employees from a Toledo company are now out of a job but that might not be the worst news they received.

The closing of Bostwick Braun could cost workers hundreds of thousands of dollars.

“[I] Had an opportunity at another company and just wanted to take that move, and now I’m glad I did, I guess,” said Alan Dearing, who had worked for Bostwick Braun for ten years. The company was a hardware distribution business, where they sold and shipped tools to home improvement stores…

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