Caroline Bressman

2 months ago | cohenmilstein.com | Caroline Bressman |Ryan Wheeler |Michelle Yau

A Colorado federal judge on Friday certified an ERISA class action accusing a radiology company and its trustee of overcharging its employee stock ownership plan for purchase of company stock. U.S. District Judge Charlotte N.

Jan 22, 2025 | cohenmilstein.com | Caroline Bressman |Daniel Sutter |Ryan Wheeler |Michelle Yau

We knew it was only a matter of time before someone filed a class action lawsuit against BDO USA for all that ESOP stuff. Pretty much ever since the secret partner meeting happened back in 2023 we’ve heard from countless current and former partners saying “Gee I wish someone would sue the shit out of BDO” (paraphrasing) for everything related to BDO’s deal with Apollo and the ESOP.

Sep 28, 2024 | cohenmilstein.com | Caroline Bressman |Jacob Schutz |Daniel Sutter |Michelle Yau

A Connecticut-based hedge fund that went bankrupt and owner George A. Weiss have agreed to pay $7.9 million to end an ex-worker’s suit alleging the company plowed its employees’ retirement savings into two substandard proprietary funds, according to filings Friday in Connecticut federal court. The proposed class of participants in a 401(k) plan for employees of George Weiss Associates Inc.

Aug 24, 2024 | cohenmilstein.com | Caroline Bressman |Eleanor Frisch |Kai Richter |Ryan Wheeler

A Colorado federal judge refused to toss a proposed class action accusing a radiology company and its trustee of overcharging the company’s employee stock ownership plan in a $163.7 million sale, saying the former workers’ complaint puts forward enough details to back up their allegations. In a text-only order Thursday, U.S. District Judge Charlotte N. Sweeney denied Envision Management Holding Inc.