Jerry Hirsch —
August 22, 2011
— Los Angeles Times
A group of former and current Los Angeles Times employees settled a federal lawsuit against GreatBanc Trust, the trustee for Tribune Co.'s employee stock ownership plan, for $32 million. The suit, filed in 2008, also included the newspaper's corporate parent, Tribune Co., and its chairman, Chicago-based real estate mogul Sam Zell, but they were subsequently dismissed from the litigation.