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McMaken v. GreatBanc Trust Company
Case Number:
1:17-cv-04983
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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November 19, 2019
GreatBanc Says Chemonics ESOP Suit Can't Be Expanded
GreatBanc urged an Illinois federal judge Tuesday to deny a former Chemonics worker's request to amend his suit challenging the oversight of his employee stock ownership plan's $216 million purchase of Chemonics stock, saying the deadline for introducing new allegations had passed.
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August 22, 2019
GreatBanc Can't Flee Chemonics Stock-Ownership Plan Suit
An Illinois federal judge ruled Wednesday that GreatBanc can't skirt a proposed Employee Retirement Income Security Act class action challenging its oversight of a benefit plan's $216 million purchase of allegedly overpriced Chemonics International Inc. stock.