Are you a participant in the BNBuilders, Inc. Employee Stock Ownership Plan (ESOP)? If so, you may be owed compensation for financial losses to the ESOP.
The former owners of BNBuilders sold the company to the ESOP for over $200 million in December 2021. Following the sale, the value of the company’s stock dropped by nearly 90 percent, per Department of Labor filings. It has remained low since, recovering to only about a third of the purchase price by the end of 2023.
If you worked for BNBuilders for at least two years after January 1, 2021, you may have a claim for losses. Please complete our contact form if you’re interested in learning more. You may also email paralegal Doron Hadar or reach us by phone at 202-408-4671.
If you have already retained a lawyer for this matter, please disregard this communication. Any endorsement in this advertisement does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter. Prior results do not guarantee a similar outcome. Attorneys Daniel Sutter (admitted only in DC and MD) and Ryan Wheeler (admitted only in CA and DC) of the law firm Cohen Milstein Sellers & Toll PLLC, in Washington, DC are investigating this matter. Cohen Milstein’s principal office is located at 1100 New York Avenue NW, Suite 800, Washington, DC 20005, phone number 202-408-4600.