Employee Stock Ownership Plans

Several court cases involving Employee Stock Ownership Plans (ESOPs) are moving forward to trial. Brundle v Wilmington Trust; Chesemore v. Fenkel v. Alliance Holdings; Perez v. Cactus Feeders, Inc.; and Perez vs. First Banker’s Trust; just to name a few. In most of these cases, the Department of Labor has alleged the price paid for

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