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Delaware judge rules against Market Basket CEO Arthur T. Demoulas.
A Delaware judge ruled against former Market Basket CEO Arthur T. Demoulas, upholding his dismissal for autocratic leadership and lack of board oversight.
Judge J. Travis Laster found the board acted in good faith, rejecting Demoulas's claims of unfair targeting by his sisters.
Following failed mediation and internal conflict, the board removed Demoulas and appointed an interim CFO.
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El juez de Delaware dictamina en contra del director ejecutivo de Market Basket, Arthur T. Demoulas.