Recent events
Recent events tied to this brand in public sources.
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2020
Koch Industries sued over 401(k) plan fees
Koch Industries was sued in a class action alleging that it failed to prudently monitor record-keeper expenses for its defined-contribution plans. The complaint alleges that the fees charged by Alight Solutions were excessive; Alight was not named in the lawsuit.
2020
Minnesota sues Exxon, API and Koch Industries over climate change claims
Minnesota’s attorney general filed a lawsuit against Exxon, the American Petroleum Institute and Koch Industries, alleging that they deceived the public about climate change and bringing claims including fraud, deceptive trade practices and false advertising. Exxon and API disputed the allegations in statements.
2020
Minnesota sues fossil-fuel companies over alleged climate deception
Minnesota filed a lawsuit against ExxonMobil, the American Petroleum Institute, Koch Industries and Koch subsidiaries, alleging that they violated state consumer-protection laws through a campaign of deception about climate science and fossil-fuel risks. The allegations are not presented as a court determination.
2020
Minnesota files climate-deception lawsuit against Exxon and Koch
The state of Minnesota filed a lawsuit against the American Petroleum Institute, Exxon Mobil Corp and Koch Industries, alleging a decades-long campaign to deceive the public about climate change. The state said the companies violated Minnesota laws barring consumer fraud, deceptive trade practices and false advertising; these are allegations in the lawsuit.
2020
Minnesota files climate-deception lawsuit against API, Exxon and Koch
Minnesota filed a lawsuit against the American Petroleum Institute, Exxon Mobil and Koch Industries, alleging a decades-long campaign to deceive the public about climate change. The state said the defendants violated state consumer-fraud, deceptive-trade-practices and false-advertising laws; the allegations are not presented as a court determination.
2020
Minnesota files climate-related consumer fraud suit against ExxonMobil, Koch Industries and API
Minnesota Attorney General Keith Ellison filed a consumer fraud lawsuit against ExxonMobil, Koch Industries and the American Petroleum Institute. The suit alleges they misled Minnesotans about the role fossil fuels play in causing the climate crisis; the article reports allegations, not a court determination.
2020
Koch affiliate agrees to acquire Golden Gate Capital’s remaining stake in Infor
Infor announced that an affiliate of Koch Equity Development had entered into a definitive agreement to acquire Golden Gate Capital’s remaining equity stake in Infor. The transaction was subject to customary conditions and regulatory approvals and was expected to close in the first half of 2020.
2020
Koch Industries announces acquisition of Infor
Koch Industries and Infor announced that Infor is selling to Koch Industries. At the close of the transaction, Koch Industries will own the remaining equity stake held by Golden Gate Capital, and Infor will become a standalone subsidiary.
2020
Koch Industries acquires Infor
Infor reported that Koch Industries had bought the company. Under the deal terms, Koch was buying out the remaining equity stake in Golden Gate Capital, and Infor would operate as a standalone subsidiary of Koch.