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Home / Opinion Digests / Employment Law / Trustee Faces Fiduciary Claims in ESOP Transactions (access required)

Trustee Faces Fiduciary Claims in ESOP Transactions (access required)

In this suit by an employee of a govern­ment contractor challenging two transac­tions involving an Employee Stock Own­ership Plan, the Alexandria U.S. District Court says there are genuine disputes of material facts over the plan trustee’s dis­charge of its fiduciary duties. Plaintiff Tim Brundle is an employee of Constelllis Holdings Inc. and a participant in an ...