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Colon v. Johnson et al
Case Number:
8:22-cv-00888
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bryan Cave
- Cohen Milstein
- Engstrom Lee
- Hodkin Stage
- Holland & Knight
- Jackson Lewis PC
- Kilpatrick Townsend
- Nichols Kaster
- O'Hagan Meyer
- Robins Kaplan
- Wenzel Fenton
Companies
Sectors & Industries:
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March 28, 2024
Radiology Co. To Pay $19M To End ESOP Self-Dealing Suit
A radiology company and its employee stock ownership plan trustee will pay $19 million to settle a proposed class action alleging that executives used shell companies to suck value out of the company and shorted workers when the business was sold for $215 million.
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July 14, 2023
Trustee Wants Out Of Suit Over Radiology Co.'s ESOP
GreatBanc Trust Co. urged a Florida federal court Friday to dismiss it from a group of former radiology company employees' lawsuit alleging improper stock plan transactions, saying it wasn't required to get involved in the business issues that revolved around the employee stock ownership plan.
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July 25, 2022
PE Execs Want Out Of Suit Over Radiology Chain Stock Plan
Four private equity firm executives urged a Florida federal court to free them from a former radiology company employee's suit over allegedly improper stock plan transactions, arguing that the ex-worker hasn't explained the execs' role in an alleged ERISA violation.
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April 15, 2022
Radiology Chain Exec Stiffed Workers In Stock Plan, Suit Says
A former employee of a Florida-based radiology chain filed a proposed class suit Thursday claiming a pair of company executives improperly siphoned money away from the employee stock plan to shell companies they owned, leaving employees with less than 5% of the proceeds of a $215 million sale of the company.