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Best et al v. James et al
Case Number:
3:20-cv-00299
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September 23, 2022
Pipe Co. Gets Worker Stock Buyback Suit Sent To Arbitration
Piping company ISCO Industries Inc. convinced a Kentucky federal judge to toss a lawsuit alleging the company's owners and executives underpaid workers in a $96.6 million stock buyback deal, rejecting workers' argument that their claims shouldn't go to arbitration because they didn't involve their jobs.
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April 27, 2020
ESOP Investors Claim Pipe Co. Stock Buyback Violated ERISA
Employees of piping company ISCO Industries Inc. have launched a suit in Kentucky federal court alleging the company's principals forced through a $96.6 million buyback of their employee stock ownership plan that undervalued their shares.