November 20, 2018

Bloomberg: Senator Warren Calls on Companies to Contribute to the Toys 'R' Us Worker Fund

Senator Elizabeth Warren calls for six companies to contribute to new hardship fund for Toys "R" Us workers.

Warren says it’s “inexcusable” for investors in defunct toyseller to withhold contributions.

Urges other firms that were involved with company to contribute to new $20m fund created by KKR and Bain Capital; says former workers owed a total of $75m in severance.

Read more on Bloomberg's website here.

By:  Rick Green
Source: Bloomberg