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Employee Ownership Legal Digest
Amanda Munguia

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Amanda is an associate in the New Orleans office of Jackson Lewis P.C. She is a member of the firm’s ERISA Complex Litigation group, where her practice focuses on defending employers, fiduciaries, plan sponsors, and other defendants in complex class action and individual ERISA matters. She also practices in the firm’s Class Actions and Complex Litigation group. Prior to joining Jackson Lewis, Amanda served as a federal law clerk to the Honorable Ivan L.R. Lemelle of the United States District Court for the Eastern District of Louisiana. Amanda is a graduate of Loyola University New Orleans School of Law, where she earned her JD and served on the Maritime Law Journal and moot court staff. She also holds an MBA from the University of New Orleans and a BS from Louisiana State University.

Amanda Munguia

Court Grants Preliminary Approval of $13.75 Million AMPAM ESOP Settlement

A federal court granted preliminary approval of a settlement in a seven-count class action lawsuit arising from a 2019 transaction in which the AMPAM Parks Mechanical, Inc. Employee Stock Ownership Plan (the “ESOP”) bought the stock of AMPAM Parks Mechanical, Inc. (the “Company” or “AMPAM”).


Amanda Munguia

Gannett Defeats 401(k) Claims Over Failure to Divest TEGNA Stock

On December 5, 2023, a Virginia federal judge entered judgment in favor of Gannett following a bench trial that concluded more than five years of ERISA litigation. The lawsuit was brought by two participants in the Gannett Co., Inc. 401(k) Savings Plan, on behalf of themselves and a class of plan participants, against Gannett Co., Inc., the plan’s committee, and the committee’s individual members.