$7.1M Class Settlement Of Suit Over ESOP Deals Wins Preliminary Approval

( November 15, 2024, 12:04 PM EST) -- EAST ST. LOUIS, Ill. — An Illinois federal judge on Nov. 14 granted preliminary approval to a $7.1 million class settlement that plaintiffs who sued over 2012 and 2013 employee stock ownership plan (ESOP) deals said would amount to “20% of the most conservative estimate of losses.”...