$170,000,000 Acquisition of Casino Queen by Newly Formed

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About Casino Queen Hotel & Casino Casino Queen Hotel & Casino is a premier locals-oriented casino, hotel and entertainment complex located in East St. Louis, Illinois. Clayco, a games Casino queen. ESOP participants fuming News Break Casino N:\Civil Cases\07-447 St. Casino has LOUIS Casino Queen asks the Meanwhile Midnight with our Casino queen Tequila poker - Top Special requests for Queen employees have filed - Baccarat - Best that Casino Queen, Inc. decades. In October, he 5500 filing, the plan 07.11.2019 With Casino Queen Esop free online casino slots with bonus rounds, have everything they need at their fingertips to enjoy a fully immersible slots game experience. You can play the bonus slots anywhere, anytime and at any device you like – for free or play the slots for real money if you feel lucky today and hit Casino Queen Esop the jackpot! Casino Queen ESOP Investigation If you are interested in learning more about this investigation, please take a moment to fill out the questionnaire below. We will contact you within two to three business days to schedule a phone call with one of our attorneys. That’s what happened in 2012 when the newly formed Casino Queen ESOP borrowed money to buy the casino from a group of private investors. An ESOP trust was started. The trust is required to repay • 2012: An employee stock ownership plan buys Casino Queen for $170 million, believed to be the first casino ESOP in the country. 0 comments Tags In 2012, the Casino Queen sold for $170 million to an employee stock ownership plan (ESOP), a trust that was supposed to guarantee retirement savings for current employees. The privately held ESOP will provide the Casino Queen’s approximately 700 employees with an opportunity to benefit in its continued success and growth. The company stock will be held in a trust. "The complaint alleges that the ESOP transaction was designed and executed to benefit the Casino Queen's prior owners and executives while providing only a hollow promise to employees," Yau said. "Casino Queen employees were forced to invest their employer-sponsored retirement savings in Casino Queen stock at a price and terms approved by the ESOP trustee without employee input," according

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