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Daly v. West Monroe Partners, Inc. et al
Case Number:
1:21-cv-06805
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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March 16, 2023
Consulting Firm Can't Ditch $2.5B Stock Deal Shorting Suit
A former West Monroe Partners employee has plausibly accused the consulting firm of shortchanging workers by at least $50 million when it bought up their stock, an Illinois federal judge has ruled, refusing to let the firm escape the suit.
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December 22, 2021
Ill. Firm Accused Of Shorting Workers In $2.5B Stock Deal
A former employee of a consulting firm launched a proposed class action Wednesday in Illinois federal court, alleging the company short-changed them to the tune of at least $50 million when it bought up their stock, then sold a stake to a private equity firm for a far higher price per share.