Deal Reported In ERISA Suit Concerning Alleged Overvaluation Of ESOP

Mealey's (February 24, 2023, 7:03 AM EST) -- CHICAGO — The parties in a putative class suit over alleged overvaluation of an employee stock ownership plan (ESOP) have agreed to unspecified financial terms of a settlement, with an Illinois federal judge giving them until March 21 to move for preliminary settlement approval....