Grocery Chain’s Family Feud Linked to CEO’s Ouster at Trial (1)

A long-running family feud for control of the $8 billion-a-year Market Basket grocery chain in New England took center stage at a trial Tuesday to determine whether the former chief executive officer was improperly ousted by his three sisters.

Arthur T. Demoulas, the CEO for 17 years, claims he was dumped in a corporate coup orchestrated by his sisters, while board members accused him of bully tactics and keeping them in the dark about decisions. The Tewksbury, Massachusetts-based chain is incorporated in Delaware, where the three-day trial kicked off. It’s the latest in generations of infighting at a company ...