Editors’ Note: In March 2026, the Chapter 7 trustee for Polished.com sued former chief executive Albert Fouerti and 12 other former officers and directors in the United States Bankruptcy Court for the District of Delaware, seeking more than $200 million. At the center of the complaint is one payment: the $180 million Polished sent to Fouerti when it closed its $222 million acquisition of Appliances Connection in June 2021. The trustee says the company did not get anywhere near what it paid for. This article traces the full record behind […]

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