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Casey v. Reliance Trust Company
Case Number:
4:18-cv-00424
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 16, 2020
Reliance Strikes $6M Deal In ERISA Suit Over $85M Stock Buy
Reliance Trust Co. has agreed to pay $6.25 million to resolve an ERISA suit claiming the company let RVNB Holdings Inc. workers grossly overpay for their employer's stock when it represented their retirement plan in an $85 million transaction.
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January 14, 2020
Reliance Trust Inks Deal To End $85M Stock-Buy ERISA Row
Reliance Trust Co. has reached a settlement with a proposed class of RVNB Holdings Inc. workers who had accused the company of allowing them to grossly overpay for their employer's stock, the parties told a federal judge in Texas on Monday.
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November 14, 2019
Reliance Trust Can't Kick Employee Stock Suit To Arbitration
Reliance Trust Co. should face a proposed class action accusing the company of allowing RNVB Holdings Inc. workers to grossly overpay for their employer's stock in federal court, not in arbitration, a Texas federal magistrate judge recommended Wednesday.