Raydon, Ex-Worker Reach Deal In Suit Over $60.5M ESOP Buy

By Danielle Nichole Smith (July 21, 2020, 4:53 PM EDT) -- Raydon Corp. and Lubbock National Bank have agreed to settle an ERISA class action claiming the defense contractor's current and former workers were ripped off when their employee stock ownership plan purchased $60.5 million in company stock....

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