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Hensiek et al v. Board of Directors of Casino Queen Holding Company, Inc. et al
Case Number:
3:20-cv-00377
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Barack Ferrazzano
- Bryan Cave
- Clark Hill
- Cohen Milstein
- Dentons
- Duane Morris
- Fisher & Phillips
- Groom Law Group
- Heyl Royster
- Lewis Rice
- Nichols Kaster
- Stris & Maher
Companies
Sectors & Industries:
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March 07, 2023
Casino Queen Execs Can't Sink Workers' ESOP Suit
An Illinois federal judge refused to free two Casino Queen founders and a former president from a lawsuit by workers alleging the executives siphoned millions from the workers' retirement savings to buy stock in the company's holding firm, saying he needs more information before making any decisions.
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July 13, 2022
Relatives Of Casino Queen Exec Seek Exit From ERISA Row
Two beneficiaries of a trust estate belonging to Casino Queen founder Charles Bidwill III have asked to escape a putative class action in which former staff of the St. Louis riverboat casino say its executives spent huge sums from their retirement savings to buy stock in the company's holding firm.
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January 28, 2022
Ill. Casino Must Face Ex-Workers' Claims In ERISA Suit
A federal judge on Friday denied an Illinois casino company's motion to dismiss a proposed class action from former employees who allege they were cheated out of tens of millions of dollars in a series of multimillion-dollar transactions involving their retirement plan that violated the Employee Retirement Income Security Act.
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January 25, 2021
Casino's Arb. Pact Too One-Sided To Be Enforced, Judge Says
An Illinois federal judge handed a riverboat casino's former employees a victory in their fight to keep a proposed ERISA class action in court, ruling Monday that the arbitration provision in Casino Queen's employee stock ownership plan is invalid.
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August 25, 2020
Ill. Casino's Ex-Board Urges Arbitration Over $170M Stock Buy
Former board members of an Illinois casino's holding company have urged a federal judge to toss a proposed class action over an allegedly overpriced stock purchase deal, arguing the former employees who sued must individually arbitrate their claims.
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April 28, 2020
Casino Sued Over Worker Retirement Plan's $170M Stock Buy
Employees of an Illinois casino were cheated out of "tens of millions of dollars" after their retirement plan severely overpaid for the casino parent company's stock in a $170 million deal, according to a new proposed class action.