The Court has approved the settlement in this action and distributions have been sent. To learn more about the settlement, please visit ElectricSupplyESOPSettlement.com.

Electric Supply
ESOP

We are representing participants in a putative class action in Cothran v. Adams, et al. (M.D. Fla. Mar. 9, 2023). Our clients are former participants in the Electric Supply ESOP. The fiduciaries of this ESOP invested a significant portion of its assets in cash, rather than in an investment that would grow participants’ retirement savings. We are suing to recover the participants' lost benefits.

Read the Complaint

Settlement Information

The Court has granted final approval of the settlement in this case. Class members should receive a check or rollover payment shortly. You may visit the settlement administrator’s website, ElectricSupplyESOPSettlement.com, for more information.

Settlement Agreement
Order Granting Preliminarily Approval of Class Action Settlement
Order Granting Final Approval of Class Action Settlement

Learn More

If you were a participant in this ESOP and wish to learn more about this case, please email the lead attorney on this case, Mark Thomson. You can also learn more about our ESOP practice.