Homebuilder Ends ERISA Stock Sale Suit With $16.5M Deal

By Grace Elletson ( October 5, 2022, 3:45 PM EDT) -- An Illinois federal judge approved a $16.5 million settlement ending a lawsuit that accused a homebuilding conglomerate's executives of buying company shares from an employee stock ownership plan for less than they were worth, after finding in May that the deal was short on information....

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