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Miami Swimwear Company sues Sears, Lampert fraud

This week, a Miami swimwear company sued Sears Holdings, Sears CEO Eddie Lambert and Lambert ESL Investments in a fraud hedge fund in Cook County, Ill. InGear Fashions sued for $840,000 and filed a lawsuit in its Cook County Circuit Court that Sears, Lambert and ESL were engaged in fraudulent activities because they did not pay ladies swimming costume fees to the company. The company has been to Sears for the past six years. Provide clothing. On Monday, Sears Holdings (Nasdaq: SHLD) with Sears and Kmart applied for Chapter 11 protection in the US Bankruptcy Court in New York. In …