Tentative Settlement Reached in Davis v. United Bank Corp.
United Bank Corporation has reached a tentative $2 million settlement to resolve a class action lawsuit brought by former employees claiming ERISA violations related to the forced liquidation of ESOP shares into cash at an allegedly improper price.
Join or log in to access this content and much more
NCEO membership connects you with the employee ownership community and provides practical resources that empower you to make informed decisions about employee ownership.