Alerus Financial Can't Escape DOL's Stock Valuation Suit

By Kellie Mejdrich · November 5, 2024, 4:13 PM EST

An Idaho federal judge refused to toss the U.S. Department of Labor's suit against Alerus Financial alleging mismanagement of an employee stock ownership plan, but agreed to dismiss some claims against...

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Case Information

Case Title

Su v. Alerus Financial NA et al

Case Number

1:23-cv-00537

Court

Idaho

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

November 30, 2023