Employee Class Action Against Wilmington Trust Corp. regarding the Nation Safe Drivers Employee Stock Ownership

What is the class action claim?

Wilmington Trust, the Bank Trustee with legal fiduciary responsibility for establishing the Nation Safe Drivers ESOP, allowed the ESOP (employees) to purchase all the shares of Nation Safe Drivers stock from the seller (original owners) for allegedly more than fair market value. As a result, employee shareholders are allegedly only able to sell their shares at a subsequent loss or for far less than had the ESOP shares been purchased at fair market value.

Who can join this class action?

Any current or former Nation Safe Drivers (NSD Holdings, Inc.) employee who earned & are vested in shares of Nation Safe Drivers ESOP.

Is there any cost to me?

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

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How can I help and/or participate?

  1. We are interested in reviewing documents you can download from the Nation Safe Drivers, NSD Holdings, Inc. website:
    • Summary Plan Description (SPD)
    • Annual Letters stating ESOP shares value
    • Statements – Please feel free to blackout any personal data
  2. Please email these to confidential@mk-llc.com or fax to 212-389-6112.
  3. Refer other affected Nation Safe Drivers, NSD Holdings, Inc. employees by sharing this page and or posting on social media (FB, LinkedIn).
  4. Join the case as a plaintiff Class Representative.

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

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