What is the class action claim?
The Bank Trustee that established the JJF Management Services, Inc. ESOP allowed the ESOP (employees) to purchase all the shares of JJF Management Services, Inc. stock in 2021 from the seller (original owners) for allegedly more than fair market value. As a result, JJF Management Services, Inc. employee shareholders are allegedly unable to sell their shares or only able to sell their shares at a subsequent loss or for far less than had the ESOP shares been purchased at fair market value.
Who can join this class action?
Any current or former JJF Management Services, Inc. employee who earned & are vested in shares of the JJF Management Services, Inc. ESOP. This may include Fitz Auto Mall/FitzWay current or former employees.
Is there any cost to me?
No. All plaintiff law firms are litigating this case on a contingency fee basis.
How can I help &/or participate?
1. We are interested in reviewing any JJF Management Services, Inc. ESOP documents you may have or can download from the JJF Management Services, Inc. ESOP website:
- Summary Plan Description (SPD)
- Annual Letters stating ESOP shares value
- Statements – Please feel free to blackout any personal data.
Please email to mk@mk-llc.com or fax to 212-389-6112.
- Refer other current or former JJF Management Services, Inc. (Fitz Auto Mall/FitzWay) employees by sharing this page and or posting on social media (X, FB, LinkedIn).
- Join the case as a plaintiff Class Representative.
Read about Class Representative Duties.
Please feel free to email mk@mk-llc.com or call 212-389-6111 with any additional questions.