Cargo Airliner ESOP Participants Seek OK On $14.5M Deal

By Bonnie Eslinger · September 23, 2024, 5:39 PM EDT

Western Global Airlines and its investment manager will pay $14.5 million to end a proposed class action from two pilots for the cargo airliner alleging the company's employee stock ownership plan...

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Documents

Case Information

Case Title

Burnett et al v. Prudent Fiduciary Services LLC et al

Case Number

1:22-cv-00270

Court

Delaware

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

February 28, 2022