Stockholders Press For Docs On 'Rotten' McDonald's Conduct
By Jeff Montgomery (October 26, 2021, 6:49 PM EDT) -- An attorney for McDonald's Corp. stockholders urged a Delaware vice chancellor to approve a deeper dive into top-level corporate books and records Tuesday, citing intertwined complaints against two top officers and broader claims of a sustained, "rotten" company culture of discrimination and sexual harassment.
Arguing during a half-day trial before Vice Chancellor Joseph R. Slights III, counsel to the stockholders, Michael A. Toomey of Barrack Rodos & Bacine, disputed assertions that McDonald's already has sufficiently answered demands for documents related to the 2019 firings of former CEO Steve Easterbrook and former global human relations chief David Fairhurst.
Vice Chancellor Slights already...
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