State Street Must Face Suit Over Paper Co.'s ESOP Valuation

By Patrick Hoff · January 31, 2025, 2:42 PM EST

State Street Bank can't escape a suit claiming it allowed executives at a defunct paper company to sell overpriced shares to an employee stock ownership plan, a Wisconsin federal judge ruled,...

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Documents

Case Information

Case Title

Appvion Inc Retirement Savings and Employee Stock Ownership Plan v. State Street Bank & Trust Company et al

Case Number

1:18-cv-01861

Court

Wisconsin Eastern

Nature of Suit

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

Date Filed

November 26, 2018

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