Court Orders Plaintiffs to Submit Specific Factual Allegations in Rule 7 Reply in ESOP Lawsuit Against Alerus Financial
The U.S. District Court for the Eastern District of California has ordered the plaintiffs in Dalton et al. v. Freeman et al. to submit specific factual allegations in a Rule 7 reply. This procedural ruling is the latest development in multi-year litigation arising from a 2020 ESOP redemption transaction.
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