November 26, 2019
A North Carolina federal judge has refused to revive a Choate Construction Co. employee's proposed class action that claimed Argent Trust Co. didn't properly vet her company benefits plan's $198 million purchase of allegedly overvalued stock.
September 26, 2019
Argent Trust Co. asked a federal judge not to rethink his decision tossing a Choate Construction Co. employee's proposed class action that claimed Argent failed to properly vet her company benefits plan's $198 million purchase of allegedly overvalued stock, saying she is trying to "rehash" arguments the court already rejected.
August 07, 2019
A North Carolina federal judge has tossed a proposed class action against Argent Trust Co., holding that the Choate Construction Co. employee who claimed Argent failed to properly vet her company benefits plan's $198 million purchase of allegedly overvalued stock misunderstood the nature of the transaction.
April 18, 2019
Argent Trust Co. violated the Employee Retirement Income Security Act when it led a Choate Construction Co. employee stock ownership plan to pay $198 million for $65 million worth of their company's stock, a former Choate worker claimed Wednesday in a proposed class action.