U.S. authorities say Daniel Kamensky coerced a rival bidder to drop a higher offer for the e-commerce business of the bankrupt retailer.
The luxury retailer "had been struggling with competition from online rivals and dwindling cash" before the coronavirus forced it to close its stores.
Neiman Marcus, Unifi, BCPE Empire Topco, Infor, GTT Communications, Instacart, Medicx Media Solutions, CoolSys, Campbell Soup
Neiman Marcus, PriceSmart, Overstock.com, Cooper Tire & Rubber, Lennar, Sempra Energy, Cable ONE, NCI Building Systems, Helmerich & Payne, MaxLinear
Uber, Eli Lilly, Occidental Petroleum, Dunkin' Brands, Cloudflare, American Express Business Travel, Neiman Marcus, Proterra, Knoll, Tivity Health
The settlement ends a three-year legal battle between the retailer and customers whose credit card information was allegedly exposed by the 2013 hack.
Canada's Hudson's Bay Company is reportedly interested in buying the iconic retailer, which has been struggling with the shift to online shopping.
Avon, YRC, HSN, Neiman Marcus, FTD, Financial Engines, Westmoreland Coal, Golden Entertainment, PDC Energy, Gibraltar Industries
The iconic retailer believes growth in its market will be fueled by the growing affluence of luxury consumers in North America.
Legal bills, compliance fines, fees for forensic investigators — data breaches are expensive. Here's how your company can avoid being a victim.
Retailers and other players in the payments system should have to follow the same standards that banks do, says Daniel Tarullo.
