YOUR BUSINESS AUTHORITY
Springfield, MO
St. Louis-area homebuilder McBride Homes and others reached a $16.5 million settlement in an ownership dispute case.
A class-action lawsuit alleged McBride executives acquired stakes in the company without notifying or compensating employee-owners.
Defendants included McBride & Son Capital Inc., the employee stock ownership plan's current sponsor, and McBride CEO John Eilermann Jr.
Read more from the St. Louis Business Journal.
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