Sean Power

Sean Power

Polsinelli

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New DOL Settlement Takes Aim at Indemnification for ESOP Fiduciaries

On January 12, 2021, the United States Department of Labor (“DOL”) entered into a consent order with another fiduciary of an employee stock ownership plan (“ESOP”).  The consent order in Scalia v. Professional Fiduciary...more

1/26/2021  /  Consent Order , Department of Labor (DOL) , Employee Benefits , Employee Retirement Income Security Act (ERISA) , ESOP , Fiduciary , Fiduciary Duty , Indemnification , Settlement
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