The DOJ is objecting to a plan to pay Hostess Brands execs $1.8M in retention bonuses while the...

|By:, SA News Editor

The DOJ is objecting to a plan to pay Hostess Brands execs $1.8M in retention bonuses while the company is wound down. It's the latest example of Justice trying to prevent such payments to managers at failing businesses. "They're objecting more and they're finding more success," says Lawrence Friedman, a former director of the Department's Trustee Program.