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Stinson - Benefits Notes Blog

What Should the Trustee of a Private ESOP Do?

Stinson - Benefits Notes Blog on

The Department of Labor (DOL) recently entered into an agreement with GreatBanc Trust Company settling claims relating to its service as trustee of an employee stock ownership plan (ESOP) holding stock of a private company....more

Bradley Arant Boult Cummings LLP

DOL Settlement Is a Cautionary Tale for ESOP Trustees

Bradley Arant Boult Cummings LLP on

The Department of Labor (DOL) recently settled a case involving an employee stock ownership plan (ESOP) that provides guidance but also a warning for trustees and employers contemplating ESOP transactions that later go awry....more

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