Employee Ownership Blog

An August 8 article, Why the U.S.

On July 24, the U.S. Department of Labor (DOL) filed a friend-of-the-court brief in support of the plaintiffs in a suit against Wilmington Trust, the trustee of the ESOP at Constellis Group, Inc. The DOL's brief follows an earlier brief from the American Society of Appraisers (ASA).

Effective July 23, the SEC adopted new rules (PDF) to increase the amount companies can offer in stock to employees without meeting reporting requirements applicable to public companies from $5 million to $10 million.

Following an extensive data-collection process, the UK's Employee Ownership Association released a report titled The Ownership Dividend, which found that employee ownership benefits employees, individual businesses, and the economy as

Sierra Aluminum, a formerly ESOP-owned company that was involved in the litigation that led to the first fiduciary process agreement between the Department of Labor and an ESOP fiduciary, a

On July 9, the iconic Organically Grown Company (OGC) announced that it is transitioning its ownership to a perpetual purpose trust. Prior to the transition, OGC was owned by employees and by the farmers it serves in an S corporation ESOP.

ESOP-owned Rainbow Disposal was acquired in 2014 by Republic Services, and plan participants later sued, alleging several violations of ERISA. The defendants offered five separate motions to dismiss the case, but the judge on July 9 ruled that the suit could proceed.

On June 19, 2017, the NCEO created the Employee Ownership Index, an index of 28 publicly traded companies that had both broad-based employee ownership and had won one of three major national employer rating awards, each of which puts a high emphasis on employee engagement (Fortune's Best C

The Ownership Dividend, a new report from an independent panel of leading business leaders in the UK, urges the government to take several steps to promote employee ownership, which it sees as crucial to improving the UK's economy and

Employee-Owned America is a new website at www.employeeownedamerica.com that features news, events, and fresh ideas about employee ownership.

In Preston v. Acosta, No. 17-1238 (U.S. June 25, 2018), the Supreme Court refused to hear a challenge to an 11th Circuit decision (Preston v. Acosta, Oct.

When interviewing candidates, your employee ownership plan may not seem that real or salient if it is only company leadership promoting it. You can make it more real by inviting a non-management employee into the interview with people you are hoping to attract.