The derivative complaint was filed in DE Chancery Court by Lincolnshire Police Pension Fund on behalf of the company, accusing CEO Marcus Lemonis and other directors of breach of fiduciary duty and unjust enrichment. It accuses the defendants, which also include significant shareholder Crestview Partners, of reaping over $530 million in profits from the IPO and subsequent secondary offerings. Crestview itself sold about $453 million of CWH stock. The suit broadly repeats the allegations made last Fall in a shareholder suit filed in Chicago, criticizing the company for going public without adequate internal controls, which led to material misstatements and ... Log in to view full article.