Class Settlements Totaling $14.5M Get Preliminary OK In Suit Over ESOP Deal

( September 25, 2024, 1:52 PM EDT) -- WILMINGTON, Del. — A Delaware federal judge on Sept. 24 granted preliminary approval to two class settlements the plaintiffs said would sit “at the high end of the range of settlements resolving” similar employee stock ownership plan (ESOP) claims, with a combined recovery of $14.5 million that would average “about $41,076 per Class Member before fees, costs, and expenses.”...

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