After Bench Trial, Defendants Prevail In Class Action Over ESOP Refinancing

( April 2, 2026, 2:47 PM EDT) -- ALBANY, N.Y. — Following a bench trial in the Employee Retirement Income Security Act class action challenging a 2011 refinancing that employee stock ownership plan (ESOP) participants alleged improperly benefited the company’s co-presidents, a Georgia federal judge entered judgment for the defendants on the grounds that “the fraud concealment exception does not apply,” so all the claims were untimely....

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