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Mary Nguyen v. Westlake Services Holding Company et al
Case Number:
8:23-cv-00854
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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July 01, 2024
Car Loan Co. Cuts $1.25M Deal To End ESOP Valuation Suit
A car loan provider will pay $1.25 million to resolve a suit claiming it breached federal benefits law when it revalued its stock early in the pandemic and forced retirees to sell their shares at a lower value, a former plan participant told a California federal court.
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May 03, 2024
Car Loan Co. Strikes Deal In Employee Stock Valuation Suit
A car loan company has agreed to resolve a proposed class action alleging it violated federal benefits law when it revalued its stock at the start of the pandemic and forced retirees to sell their shares at a lower value, according to a California federal court filing.
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February 06, 2024
Car Loan Co. Gets Claims Trimmed In Employee Stock Suit
A California federal judge tossed much of a lawsuit claiming a car loan company violated federal benefits law when it revalued its stock at the start of the coronavirus pandemic, but said the company must still face claims that retirees were forced to sell their stock at a lower value.