Employee Class Action against Bank Trustee regarding Termination of Freeman Decorating Co. Employee Stock Ownership Plan

What is the class action claim?

The allegations are that Defendants allowed the ESOP to terminate pre-maturely at under fair market value.  As a result, participants in the ESOP (employees) allegedly received far less for their ESOP shares than they could have.

Who can join this class action?

Any current or former Freeman Decorating Co. employee who earned, were vested in shares of Freeman Decorating Co. ESOP and sold them at the termination in 2018.

Is there any cost to me?

No.  All plaintiff firms are litigating this case on a contingency fee basis.

How can I help &/or participate?

     1. We are interested in reviewing documents you can download from Freeman Decorating Co. ESOP website: 

  • Summary Plan Description (SPD)
  • Annual Letters stating ESOP shares value
  • Statements – Please feel free to blackout any personal data
  • Any ESOP termination related documents.

Please email to mk@mk-llc.com or fax to 212-389-6112.

  1. Refer other current or former Freeman Decorating Co. employees by sharing this page and or posting on social media (FB, LinkedIn).
  2. Join the case as a plaintiff Class Representative.

Read about Class Representative Duties.

Please feel free to email mk@mk-llc.com or call 212-389-6111 with any additional questions.

Join This Case

Submit Information

Online Retainer Instructions

  1. Please carefully read and check box "Part I -– Class Representative Duties"
  2. Please complete "Part II - Client Contact & Employment Information."
  3. Make sure all the required fields are filled out and as many of the optional fields as possible.
  4. Please carefully read & sign the Retainer Agreement
  5. Click the "Click to Sign" button to submit your signed agreement.
  6. Check for an email from "Adobe Sign" and click the "Confirm my email address" link to verify your signature and complete the process.
  7. One of our Attorneys will contact & speak with you by phone to finalize your joining this case. Please note: You must have a phone conversation with one of our Attorneys to complete your retention as a client of MKLLC LAW.