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Zavala v. Kevin Kruse et al
Case Number:
1:19-cv-00239
Court:
Nature of Suit:
Judge:
Firms
- Cohen Milstein
- Feinberg Jackson
- Foundation Law Group
- Groom Law Group
- Holland & Knight
- McDermott Will & Schulte
- Sagaser Watkins
Companies
Sectors & Industries:
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August 12, 2022
Workers Seek OK For ERISA Class Over $244M Stock Buy
Workers for an animal feed manufacturer asked a California federal judge for class status in their suit alleging they were charged an inflated $244 million for their employer's stock just before its value plummeted because of a feed contamination scandal.
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December 14, 2021
Milling Co. Can't Slip ERISA Suit Over $244M Stock Sale
Milling company Kruse-Western Inc.'s board of directors must face a proposed class action for allegedly overcharging its employees in a $244 million stock deal before an animal feed contamination problem drove the company's share value down, a California federal judge has ruled.
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February 05, 2020
Ex-Worker Fights To Keep Kruse-Western ESOP Suit In Court
A former Kruse-Western Inc. worker has urged a California federal court not to kill his proposed class action claiming the milling company's employee stock ownership plan was overcharged by roughly $200 million in a 2015 deal, arguing a severance agreement he signed shouldn't doom his suit.
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October 16, 2019
Ex-Milling Co. Worker Defends Challenge To $244M Stock Buy
A former Kruse-Western Inc. worker has asked a California federal judge not to pare down his proposed class action alleging the milling company's employee stock ownership plan was overcharged by roughly $200 million in a 2015 deal, saying his claims are enough to stay in court.
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July 29, 2019
Milling Co. Gets ERISA Suit Over $244M Stock Sale Trimmed
A California federal judge has narrowed a former Kruse-Western Inc. worker's proposed Employee Retirement Income Security Act class action claiming the company sold its stock to its employee pension plan at an inflated value.
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February 20, 2019
Milling Co. Sold Inflated Stock To Pension Plan, Suit Says
California-based Kruse-Western Inc. violated the Employee Retirement Income Security Act when it sold company stock to its employee pension plan at an inflated value, leading to tens of millions of dollars lost by the plan and its participants, a former employee told a California federal court Wednesday.