Court Awards Approximately $17.2 Million in Remedies in Trachte ESOP Litigation

On June 4, 2013, the United States District Court for the Western District of Wisconsin handed down a decision on remedies in Chesemore, et al. v. Alliance Holdings, Inc.  The Court awarded several components of money, totaling approximately $17.2 million, plus pre-judgment interest, to the Plaintiffs'.  This decision follows a three-day trial on remedies and relief in July 2012.

Opinion & Order - June 4, 2013 [PDF]

Detailed Case Background Can Be Found Here.