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Raydon, Lubbock Ink $2.4M Deal In ESOP Transaction Dispute

By Danielle Nichole Smith ( August 27, 2020, 2:41 PM EDT) -- Raydon Corp. and Lubbock National Bank have agreed to shell out $2.4 million to resolve a class action alleging the defense contractor's current and former workers were shortchanged when their employee stock ownership plan purchased $60.5 million in company stock....

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