GreatBanc, Homebuilder Strike $16.5M Deal To End ESOP Suit

By Patrick Hoff · May 17, 2022, 2:41 PM EDT

A Missouri-based homebuilder and employee stock ownership plan trustee GreatBanc Trust have struck a $16.5 million deal to end a class action from ex-workers who said the homebuilder raided the plan...

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Case Information

Case Title

Godfrey et al v. Greatbanc Trust Company et al

Case Number

1:18-cv-07918

Court

Illinois Northern

Nature of Suit

791(Labor: E.R.I.S.A.)

Date Filed

November 30, 2018