Nistra v. Reliance Trust Company, No. 1:16-cv-04773 (N.D. Il. 2016)
This class action was filed in the United States District Court for the Northern District of Illinois on April 29, 2016, on behalf of a class of participants in the Bradford Hammacher Group, Inc. Employee Stock Ownership Plan (the “Plan”). The plaintiff alleged that Reliance Trust, as trustee of the Plan, breached its fiduciary duties to the Plan and its participants by allowing the Plan to purchase shares of The Bradford Hammacher Group, Inc. at an inflated price.