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Danielle Gamino v. KPC Healthcare Holdings, Inc. et al
Case Number:
5:20-cv-01126
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Barton & Downes
- Conn Maciel
- Donahoo & Associates
- Faegre Drinker
- Feinberg Jackson
- Fisher & Phillips
- Groom Law Group
- McDermott Will & Emery
- MKLLC Law
- Morgan Lewis
- Scale LLP
- Sidley Austin
Companies
Sectors & Industries:
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July 11, 2023
Investor, Health Care Workers Get Initial OK For ERISA Deal
A California federal judge gave an initial nod to a $100,000 deal that would resolve the final disputes in a sprawling benefits class action brought by workers for a health care company who alleged mismanagement of a $227 million purchase by the company's employee stock ownership plan.
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January 03, 2023
KPC Workers' Counsel Seek $3.4M For Stock Plan Settlement
Class counsel representing health care workers whose employee benefit stock plans were allegedly overcharged in violation of federal benefits laws are asking a California federal court to award them nearly $3.4 million in attorney fees and expenses for an October settlement.
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October 11, 2022
Trustee Strikes $4M Deal To Exit Stock Plan Class Action
A trustee that allegedly allowed an employee stock ownership plan to get overcharged by roughly $200 million in a deal for shares of a health care company agreed to pay $4 million to escape a class action accusing it of violating federal benefits law.
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August 16, 2022
Asset Manager Exits $227M Stock Buy Class Action
A California federal judge handed an investment management firm a win in a benefits suit originally involving KPC Healthcare Holdings Inc. that accused the companies of botching a $227 million purchase by KPC's employee stock ownership plan, ruling the workers couldn't prove the asset manager knew the conduct was unlawful.
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July 26, 2022
KPC Health Workers Ink $5M Partial Deal In Stock Plan Row
KPC Healthcare Holdings Inc. employees have asked a California federal court to greenlight a $5 million deal that would let the health care company exit the workers' suit over claims it botched a $227 million purchase by KPC's employee stock ownership plan.
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November 01, 2021
KPC, Alerus Must Face Most Claims In $227M Stock Buy Suit
A California federal judge said Monday that KPC Healthcare Holdings Inc. and Alerus Financial NA must face claims brought against them in a suit alleging the health care company and asset manager botched a $227 million purchase by KPC's employee stock ownership plan.
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July 01, 2021
KPC, Alerus Fight Class Cert. Bid In $227M Stock Buy Suit
KPC Healthcare Holdings Inc. and Alerus Financial NA have urged a California federal judge to reject a former KPC employee's request for class certification in a suit alleging the health care company and asset manager botched a $227 million purchase by KPC's employee stock ownership plan.
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June 02, 2020
Health Care Co. Hit With ERISA Suit Over $227M ESOP Deal
A former KPC Healthcare worker has hit the company with a proposed ERISA class action in California federal court, claiming that the company's founder sold all of its stock to an employee retirement plan at a vastly inflated price of more than $227.1 million.