Source: Law 360

Morton Buildings: Morton Buildings Will Pay $4 Million To End ESOP Fight

Morton Buildings Inc. has agreed to shell out $4 million to end a proposed class action in Illinois federal court alleging the company's directors and Argent Trust Co. sold private stock to Morton workers' employee stock ownership plan at an inflated price.

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Est. Annual Revenue
$100-500M
Est. Employees
1.0-5.0K
John Russell's photo - CEO of Morton Buildings

CEO

John Russell

CEO Approval Rating

70/100

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