March 10, 2026
Executives at an Indiana aluminum manufacturer and an employee stock ownership plan trustee will pay $7 million to end a proposed class action alleging they reneged on an agreement to sell the company to the ESOP when the founder died, according to a federal court filing.
December 19, 2025
The son of an Indiana-based aluminum manufacturing company's founder and his attorney have decided to settle a dispute from workers alleging the individuals mismanaged their employee stock ownership plan, parties told a federal court Friday.