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Expert Analysis

ESOP Ruling Clarifies Trustees' Role In 3rd-Party Sales

By Katelyn Harrell ( May 29, 2025, 4:00 PM EDT) -- Independent employee stock ownership plan, or ESOP, trustees exist in an uncertain world. Guidance from the U.S. Department of Labor and the judiciary is often inconsistent and unpredictable, and even the most thoroughly vetted transactions run the risk of litigation due to an aggressive plaintiffs bar....

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