Raydon Says 'Personal Animus' Dooms Class In ESOP Suit

Law360 (August 15, 2019, 3:33 PM EDT) -- Raydon Corp. fired back at a former employee's push to certify a class in her suit claiming top executives sold company stock to its retirement plan for the inflated price of $60.5 million, saying the ex-worker's "personal animus" would prevent her from effectively serving as a class representative.

The government contractor on Wednesday argued Stephanie Woznicki wouldn't be an appropriate class representative, noting she has said on social media she would keep on fighting the defendants in court "no matter how much money it will cost her." Beyond that, Raydon said family members of its executives have received threats from Woznicki....

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