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Coca-Cola MEP sued | Ary Rosenbaum

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Multiple employer plans (MEPs) have become larger targets for litigation when they achieve a plan of substantial size.
An employee of Heartland Coca-Cola Bottling Company, LLC, an employer that participated in the Coca-Cola Bottlers’ Association 401(k) Retirement Savings Plan, a multiple employer plan has sued the Coca-Cola Bottlers’ Association (CCBA), a Georgia corporation headquartered in Atlanta, whose members consist of all 65 U.S. independent bottlers of Coca-Cola. The MEP covers about 19,000 participants, and had nearly $800 million in assets spread across 24 investment options, including a Coca-Cola Common Stock Fund. ....

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Ebony set for digital relaunch Monday under new owner, former Bucks star Junior Bridgeman

ROBERT CHANNICK
Chicago Tribune (TNS)
Ebony, the Chicago-born magazine that served as the voice of Black America for more than 75 years, is set for a digital rebirth Monday under new owners.
Bought out of bankruptcy for $14 million in December by Louisville-based Bridgeman Sports and Media, a company owned by retired Milwaukee Bucks star Ulysses Junior Bridgeman, Ebony will relaunch with a startup mentality, a lean operation and lofty aspirations. The storied publication s print format and its Chicago roots will be relegated to the past.
We re going to ask for grace, because we did this quickly, said Michele Ghee, 54, a media veteran who was named CEO of Ebony in January. But we are in a rush to show that we have great intentions. ....

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Former NBA player Junior Bridgeman buys 'Ebony' magazine for $14M - TheGrio

Once a pillar of Black business, founded by
John H. Johnson in 1945, the magazine enjoyed decades of popularity before declining advertising revenues and the internet caused it to fall on hard times. In 2016,
Ebony and its sister publication
Jet was sold to the private equity fund CVG Group, out of Texas. But by 2018, Ebony had to settle an $80K lawsuit with dozens of freelancers who’d never received payment for contributions to the magazine and website, further damaging the brand.
Items from the “gift bag” on display at the Ebony Magazine Oscar Party “Hollywood in Harlem” at the Crustacean Restaurant on February 24, 2005 in Beverly Hills, California. (Photo by Frederick M. Brown/Getty Images) ....

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Former NBA player Junior Bridgeman to buy bankrupt Ebony for $14 million

Former NBA player Junior Bridgeman to buy bankrupt Ebony for $14 million
chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.

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Former Bucks star Junior Bridgeman to buy bankrupt Ebony for $14M

Former Bucks star Junior Bridgeman to buy bankrupt Ebony for $14M
chippewa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chippewa.com Daily Mail and Mail on Sunday newspapers.

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