Groups Ask for Stronger Presumption in Stock Drop Case
February 5, 2014 (PLANSPONSOR.com) – A brief of amici curiae was recently filed with the U.S. Supreme Court for a...
Tag: ESOP
DOL Recovers $10M for ESOP
January 22, 2014 (PLANSPONSOR.com) – A New York-based home-care agency and its former owners have resolved issues with the Department...
DOL Sues to Restore Indiana ESOP Losses
December 27, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to restore losses to an employee stock ownership...
SCOTUS Takes Up Presumption of Prudence Issue
December 16, 2013 (PLANSPONSOR.com) — The U.S. Supreme Court has agreed to hear a case raising fiduciary issues and questions...
DOL Finds Fiduciaries Violated ERISA With Stock Purchase
November 20, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit in U.S. district court to recover...
Fiduciaries of California ESOP to Repay Plan Funds
October 23, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has obtained a consent order for fiduciaries to repay funds...
Bill Aims to Fend Off Fiduciary Status for Appraisers
May 20, 2013 (PLANSPONSOR.com) – Congressmen have introduced a bill to modify the definition of fiduciary under the Employee Retirement...
Products |
The Principal Offers ESOP Resource
April 30, 2013 (PLANSPONSOR.com) – The Principal Financial Group is now offering an online resource to employers who offer employee...
IRS Gives Amendment Relief to Certain ESOPs
April 23, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) is granting relief for employee stock ownership plans (ESOPs) that...
IRS Gives Amendment Relief to Certain ESOPs
April 23, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) is granting relief for employee stock ownership plans (ESOPs) that...
Bill Would Encourage More S Corporation ESOPs
April 17, 2013 (PLANSPONSOR.com) – New legislation has been introduced in the Senate aimed at helping employees gain retirement savings...
ESOP Shareholder Claims Not Preempted by ERISA
April 12, 2013 (PLANSPONSOR.com) – A federal court has remanded a case filed by an employee stock ownership plan (ESOP)...
ESOP Shareholder Claims Not Preempted by ERISA
April 12, 2013 (PLANSPONSOR.com) – A federal court has remanded a case filed by an employee stock ownership plan (ESOP)...
Obama’s ESOP Proposal Poses Concerns
April 11, 2013 (PLANSPONSOR.com) - A provision in President Obama’s Fiscal Year 2014 budget that pertains to employee stock ownership...
Sterling Agrees to $3M Settlement of Stock Drop Suit
February 28, 2013 (PLANSPONSOR.com) – Sterling Financial Corporation announced a tentative settlement of a lawsuit alleging the company breached its...
ESOP Challenged on Post-Recession Benefits Changes
February 1, 2013 (PLANSPONSOR.com) – Former employees of Jeld-Wen Inc. filed a lawsuit claiming an amendment to the firm’s employee...
Benefits |
Employee Stock-Owned Companies Had Fewer Layoffs
January 16, 2013 (PLANSPONSOR.com) – An analysis suggests employee stock-owned companies laid off fewer workers during the recession.
First Bankers Trust Faces Another DOL Suit
December 7, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor (DOL) has filed a lawsuit to recover losses suffered by...
DOL Sues Trustee for Purchasing Overvalued Stock
November 29, 2012 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) filed a lawsuit to recover losses by participants in...
Participants Suing Plan Fiduciaries Sued As Co-Fiduciaries
November 15, 2012 (PLANSPONSOR.com) - Retirement plan fiduciaries found to have violated federal law claim some of the plaintiffs that...