What to Know

Market Basket CEO Arthur T. Demoulas was placed on leave back in May due to allegations that he and other top executives were organizing an “improper work disruption"

Demoulas has called the board's investigation "a farcical cover for a hostile takeover"

A mediation session between the two sides is planned for Sept. 3 to help settle the ongoing dispute

In the meantime, Market Basket filed a legal complaint this week seeking a restraining order against fired former executives Joseph Schmidt and Tom Gordon, saying they have been visiting stores in an effort to "intimidate employees, to precipitate a work slowdown, employee walkout and customer boycott"

A hearing is scheduled for 10 a.m. Thursday on the company's request for a restraining order

The ongoing Market Basket sag

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