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Situational awareness: Sears is suing Eddie Lampert, its former CEO, and his hedge fund for allegedly siphoning off its assets, reports WSJ. Last year, we reported on accusations that Lampert cannibalized Sears.

Any stories we should be chasing? Hit reply to this email or message me at steve@axios.com. Kaveh Waddell is at kaveh@axios.com and Erica Pandey at erica@axios.com.

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