💰 Former Casino Queen Employees Sue Company Over Sale | St. Louis Public Radio

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EAST ST. LOUIS — Casino Queen, in response to direction received from the Illinois Gaming Board (IGB) and out of an abundance of caution.


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BELLEVILLE, Ill. – Scott Hettenhausen worked at the Casino Queen for Sign up for a newsletter from FOX 2 to get updates about news and.


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The Illinois Gaming Board will close the gambling operations at the Argosy Casino in Alton, IL near St. Louis MO after Gov. Pritzker ordered all.


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BELLEVILLE, Ill. – Scott Hettenhausen worked at the Casino Queen for nearly two decades. In October, he and hundreds of fellow participants in the casino's.


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BELLEVILLE, Ill. – Scott Hettenhausen worked at the Casino Queen for nearly two decades. In October, he and hundreds of fellow participants in the casino's.


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East St. Louis Illinois Casino Queen was sued by a customer who allegedly was injured while escaping (Image: Belleville News-Democrat).


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EAST ST. LOUIS — Casino Queen, in response to direction received from the Illinois Gaming Board (IGB) and out of an abundance of caution.


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Paul Sableman Flickr. Clair County, and Barrows were supposed to follow input from an administrative committee set up by the board of directors, which consisted of board members and officers of the company, the plaintiffs allege. Top Stories.{/INSERTKEYS}{/PARAGRAPH} {PARAGRAPH}{INSERTKEYS}The proposed class action lawsuit was filed last month in U. Share Tweet Email. Instead, the company contributed solely to the ESOP which holds only Casino Queen stock, a stock that lacks a public market," according to the filing. Louis on the Air St. Yau, a lawyer representing Henseik and Gill. Eric Schmid covers the Metro East for St. Watson, who is now a circuit judge in St. Send questions and comments about this article to: feedback stlpublicradio. District Court in East St. Rand, James G. Bidwill, Rand and Koman all held stakes in the company at the time. The other two, Watson and Barrows, became co-trustees of the ESOP and were charged with approving the transaction in the interest of the ESOP participants — in this case, employees of the casino — the complaint alleges. Two former Casino Queen employees are suing the old owners of the casino and the hotel, shown here, alleging they inflated the price of the casino in a sale to employees. The complaint also states that employees of the casino were unaware of any transaction until after it occurred and were forced to invest their employee-sponsored retirement savings into Casino Queen stock. Casino Queen. Koman, Jeffrey Watson and Robert Barrows, as defendants. Metro East. The transaction happened after the owners spent years unsuccessfully trying to sell the company to a third-party buyer, according to the suit.