Former Market Basket CEO Arthur T. Demoulas filed a counterclaim Wednesday against the board of the company after his firing last month.
“(Demoulas) is now answering their suit and filing a counterclaim,” representatives for Demoulas said. “He is not seeking monetary damages but for the court to find that the board’s actions were unlawful and to reinstate him.”
Demoulas was fired by the Market Basket Board on Sept. 9, after a contentious mediation and rocky history between the parties.
The board immediately filed a 35-page lawsuit in the Delaware Court of Chancery against the CEO claiming he exercised “unfettered discretion” while “ignoring and stonewalling the Market Basket Board.”
In his 90-page response Wednesday, Demoulas answered the board’s claims and filed counter claims against