Ferrell Companies, Inc, v. GreatBanc Trust Company et al

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Case overview

Case Number:

2:20-cv-02229

Court:

Kansas

Nature of Suit:

Labor: Other

Judge:

John W. Lungstrum

Firms

Companies

Sectors & Industries:

  1. July 21, 2021

    Propane Co., ESOP Trustee Drop Hostile Takeover Suit

    A propane supplier and an employee stock ownership plan trustee have resolved a lawsuit claiming the trustee violated federal benefits law by breaching its duty to look out for the workers' interests and trying to seize control of the company.

  2. May 05, 2020

    GreatBanc Accused Of Violating ERISA In Hostile Takeover Bid

    GreatBanc used its position as trustee of Ferrell Companies' employee stock ownership plan as a "conduit for predatory actors" to take advantage of the propane supplier's precarious financial position in order to seize control of the company, according to a new lawsuit.