U.S. Court of Appeals for the Seventh Circuit,
No. 23-1073,
decided April 23, 2024
This case involves an ESOP where, after a
bankruptcy, the ESOP plan claimed that defendants
fraudulently inflated the price of the Company
when it was purchased by the ESOP and subsequently
until the bankruptcy. The
appeals court affirmed the dismissal of some
claims and reversed and remanded other claims.
Note: Full-text of this case can be accessed by clicking
on the name of the case.
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