RVNB ESOP Case Settled

In Su v. Peterson et al., No. 4:19-cv-00705 (E.D. Tex. Jan. 8, 2025), parties reached a $14 million settlement in a case involving the sale of an ESOP company. The plaintiffs alleged a trustee for the company, which operated as All My Sons Moving & Storage, allowed a sale of the assets of the ESOP trust back to the company at a price that was below what the stock was worth.