RV Co. Execs Lose Bid To Exit Suit Over $105M ESOP Deal

Law360 (February 19, 2020, 4:02 PM EST) -- An Arizona federal judge has refused to let a recreational vehicle business's officers dodge the U.S. Department of Labor's suit alleging the company's workers grossly overpaid for their employer's stock in a $105 million deal, finding the agency adequately backed up its argument that the executives knew the transaction flouted federal benefits law.

U.S. District Judge John J. Tuchi on Tuesday denied a dismissal bid from RVR Inc., which does business as Cruise America, and company officers Randall Smalley, Robert Smalley Jr. and Eric Bensen. They had sought to escape claims that they failed to properly oversee the Reliance Trust Co.,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

Subscribers Only

Nature of Suit

Subscribers Only

Judge

Subscribers Only

Date Filed

Subscribers Only

Law Firms

Companies

Government Agencies

Judge Analytics

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!