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Bankers Trust To Pay $5M In Hospice Workers ESOP Suit
Law360 (January 14, 2021, 1:58 PM EST) Bankers Trust Co. of South Dakota agreed to pay more than $5 million to end a proposed class action claiming it violated the Employee Retirement Income Security Act when it let in-home care workers overpay in a $75.5 million stock transaction for their employers stock.
In a Wednesday motion for settlement approval, lead plaintiffs Shela Blackwell and Jo Ann Battieste also urged U.S. District Judge Kristi Johnson to sign off on the proposed class, whose roughly 900 members had stakes in Sta-Home Health & Hospice Inc. s employee stock ownership plan.
2020 CRE stories most popular with Business Record readers Wednesday, December 23, 2020 8:00 AM
The Greater Des Moines area was abuzz with activity related to commercial real estate in 2020, from the redevelopment of the Financial Center and opening of the Surety Hotel in what once was known as the Midland Building to an enclosed driving range planned for Copper Creek Golf Course to the purchase by Merle Hay Mall owners of the former Sears property.
Those however, weren’t the10 commercial real estate-related stories that were clicked the most online by Business Record readers.
Those stories, in descending order, were:
10. Construction begins on Zora, new Ingersoll Avenue establishment: The new bar and restaurant at 2120 Ingersoll Ave. is being developed by Ed Allen of Des Moines. He expects the establishment to open in March 2021.
A Closer Look: Scott Valbert
Vice president, senior marketing and communications officer, Bankers Trust Co. Friday, December 18, 2020 6:00 AM At a Glance
Education: Bachelor of Arts, advertising and public relations, Drake University
contact:
Phone: SValbert@bankerstrust.com
Scott Valbert got a relatively brief taste of remote work in his first professional communications position during the historic Flood of ’93 in Des Moines. Working for an advertising agency located near the Des Moines River downtown, he and co-workers once took boats to the office to rescue important files and computers to prepare for working remotely for about two months. Now, with more than 25 years of experience representing a range of financial institutions, he leads the 10-person marketing and communications team for Bankers Trust Co. He joined Bankers Trust in 2016 as assistant vice president and corporate communications officer. He was promoted last spring to his cu
Bankers Trustâs Vieregger named to ABAâs inaugural 40 Under 40 in Wealth Management
BY BUSINESS RECORD STAFF Tuesday, December 15, 2020 2:28 PM
Ashlee Vieregger, pictured, vice president and managing wealth adviser at Bankers Trust Co., has been selected for the American Bankers Association inaugural 40 Under 40 in Wealth Management class. The ABA 40 Under 40 in Wealth Management award recognizes wealth management and fiduciary professionals who are committed to the highest standards of achievement at work and in their communities. Vieregger, who joined Bankers Trust in 2015, provides financial planning, investment management and fiduciary services to high net worth families and is a top producer in new business development. She was also named to the Business Record’s 2020 Forty Under 40 list of honorees earlier this year. Learn more about the ABA’s 40 Under 40 in Wealth Management class of 2021 here.