Sears Canada workers continue the fight for compensation
Former Sears Canada workers will be in court today in an effort to recoup a $270-million pension fund shortfall.
The workers want a trustee appointed to look into the $3 billion in payouts made to shareholders since 2005 when a U-S hedge fund took control of the company.
The majority of the $3 billion went to ESL Investment owner Eddie Lampert and his company.
The workers also say they are owned $400 million in unpaid health and life insurance benefits.