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Marsh Ordered To Pay Back Millions

Written on February 18, 2013 by Staff Reporter

Categories: Archive 2013, News Archive 2013

Tags: , , ,

Former Marsh Supermarket CEO Don Marsh was found guilty of fraud and breach of contract by the nine-member jury in Indianapolis Federal Court around 11 p.m. Friday.

He will be required to repay $2.2 million in personal expenses to the company that bears his family’s name.

Marsh Supermarkets, owned by Sun Capital Partners, did not receive the $1.6 million in expenses and penalties related to an IRS audit. No punitive damages were awarded. The total the company was asking for was $5.6 million, according to the Indianapolis Business Journal.

Federal Judge Sarah Evans Barker will rule separately whether the company can recover the $2.2 million in severance pay it had already paid to Marsh. The jury denied the countersuit by Don Marsh of the remainder of his $4.2 million severance pay.

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