The Board / Leadership voted in by the Coop members apathetic voting turn outs bankrupted the coop, then under creditor protection the assets where sold off.
This all happened in 2020, 5 years ago. The fact you didn’t notice till now sort of proves the lack of coop member engagement for really important votes before the end.
I was member as well so I AM your ilk, the coop had MILLIONS of members. IIRC from the last few disclosures less than 1% ever voted on anything.
I bet if you banded together even 10k worth of people to vote a certain way you could have swayed ANY of the open annual elections.
However what happened most of the time is about 5 whiny assholes showed up to AGM meetings and bitched and complained when they should have been rounding up support OUTSIDE the meetings to get people in to vote.