$16.5M GreatBanc ESOP Deal Needs More Payout Details

By Lauraann Wood · May 24, 2022, 4:52 PM EDT

An Illinois federal judge said Tuesday that he'll bless a $16.5 million deal over a Missouri-based homebuilder's allegedly mishandled employee stock ownership plan as long as the parties beef up their...

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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