McDonald’s Holders Demand Files on CEO’s Ouster Over Affairs (1)

McDonald’s Corp. investors are demanding the fast-food chain hand over internal files about what directors knew about former Chief Executive Officer Steve Easterbrook’s romantic dalliances with subordinates, which led to his 2019 ouster and a legal fight over a $37 million severance.

Three McDonald’s shareholders, including a New York City police detectives’ pension fund, want the company to turn over records about Easterbrook removal and the firing of David Fairhurst, the chain’s top human-resources executive, according to a lawsuit unsealed Friday in Delaware Chancery Court.

The men were ousted the same day over allegations Easterbrook had affairs ...