Employees Get Nearly $9 Million for Value of 'Phantom Stock'

Business Valuation UpdateVol. 4 No. 9
Legal and Court Case Update
September 1998
3317 Steel Pipe and Tubes
331210 Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
ERISA
book value, erisa

Emmenegger v. Bull Moose Tube Company
13 F. Supp. 2d 980, 1998 U.S. Dist. LEXIS 11001
July 20, 1998
US
Federal Court
Missouri
United States District Court
Perry

Summary

Plaintiffs were highly compensated executives who have sued their former employer and its owner for ERISA benefits allegedly due them under a phantom stock plan.

See Also

Emmenegger v. Bull Moose Tube Company

The plaintiffs claim that they were discharged in retaliation for exercising their rights under a phantom stock plan.