Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Leaderboard Analytics
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
Smith v. Greatbanc Trust Company et al
Case Number:
1:20-cv-02350
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Honorable Franklin U. Valderrama
Firms
-
June 07, 2023
Triad Workers' $14.8M ESOP Deal Gets Green Light
An Illinois federal judge granted initial approval Wednesday to a $14.8 million deal ending a lawsuit from ex-workers for a retail display manufacturing company alleging the company's board, its executives and the trustee of an employee stock ownership plan sold company stock to the ESOP at an inflated price.
-
April 21, 2023
Manufacturing Co. Agrees To $14.8M Deal In ESOP Suit
Retail display maker Triad Manufacturing and employee stock ownership plan trustee GreatBanc agreed to a $14.8 million deal to end a lawsuit from workers claiming they were overcharged for Triad stock, teeing up an end to a court battle that the Seventh Circuit refused to kick to arbitration.
-
February 09, 2023
Manufacturing Co. Strikes Deal In ESOP Share Inflation Suit
A retail display manufacturing company has agreed to settle a proposed class action filed in Illinois federal court alleging it violated federal benefits law when it sold inflated company shares to workers through their employee stock ownership plan in a $106 million deal.
-
January 18, 2023
Triad Workers Seek Class Status For ESOP Lawsuit
Two Triad Manufacturing workers asked an Illinois federal judge to approve a class action claiming their employee stock ownership plan was overcharged in a $106 million deal, a development that comes a little over a year after the Seventh Circuit said their case could stay in court.