A360, Inc. ESOP
We are representing participants in a putative class action in Williams, et al. v. Shapiro, et al. (N.D. Ill. Sept. 9, 2022). Our clients are current and former employees who were participants in the A360, Inc. Employee Stock Ownership Plan when that plan was closed in September 2019. The case alleges that company executives deprived participants of more than $35 million in additional benefits that they were entitled to by orchestrating a buyback of the company for less than fair market value. We seek to recover those lost benefits.
Case Updates
March 20, 2024: Court Denies Defendants’ Motion to Compel Arbitration
August 18, 2023: Plaintiffs File First Amended Complaint
June 8, 2023: Court Grants Defendants’ Motion to Transfer
September 9, 2022: Plaintiffs File Complaint
Learn More
If you were a participant in this ESOP and wish to learn more about this case, share information, or believe you may have a claim, please email one of the lead attorneys on this case, Carl Engstrom or Mark Thomson. You can also learn more about our ESOP practice.