Compliance | September 19th, 2005 ESOP Trustee Secretly Takes Over Company September 19, 2005 (PLANSPONSOR.com) - The US District Court for the Western District of Tennessee found that an Employee Stock...
Compliance | September 14th, 2005 Azon Corp. to Restore ESOP Money September 14, 2005 (PLANSPONSOR.com) - Azon Corp. has agreed to a settlement of $9.35 million for employee stock ownership plan...
Compliance | September 8th, 2005 7th Circuit Clears ESOP Administrator of Wrongdoing September 8, 2005 (PLANSPONSOR.com) - Federal appellate judges have cleared an ESOP administrator of wrongdoing over allegations the administrator improperly...
Compliance | August 25th, 2005 IRS Releases ESOP Deductions Proposals August 25, 2005 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has proposed regulations to clarify several issues involving deductions for...
Compliance | August 19th, 2005 Appellate Court Clears Trustee In ESOP Suit August 19, 2005 (PLANSPONSOR.com) - Upholding a lower court ruling, federal appellate judges have cleared an employee stock ownership plan...
Benefits | December 1st, 2004 Havens Steel Hit with ESOP Lawsuit December 1, 2004 (PLANSPONSOR.com) - Eight current and former employees of Havens Steel Co. have charged that Havens Steel Co.'s...
Benefits | August 19th, 2004 ESOPs Prove Profitable for Business August 19, 2004 (PLANSPONSOR.com) - Nearly nine out of 10 (88%) companies said creating employee ownership through an ESOP (employee...
Benefits | August 12th, 2003 Northwest Machinists Head for Court Over Stalled Stock Buyback August 12, 2003 (PLANSPONSOR.com) - Northwest Airlines machinists have joined their flight attendant brethren by filing a lawsuit against the...