Employee Ownership Blog

myStockOptions.com, a primary resource on equity compensation for employees, reached its 15-year milestone on June 22.

The German Share Institute (Deutsches Aktieninstitut) issued a call for policy makers to increase the amount of employee ownership

In ESPPs Can Help Insulate Retirement Savings, Sara Kelly of Plan Sponsor magazine argues that, although employee stock purchase plans (ESPPs) are not retirement plans, they can

On June 13, Hilary Clinton formally launched her campaign for president with a promise "to build an inclusive economy." Among the examples of the policies that might be included in such a platform, she said, "I will give new incentives to companies that give their employees a fair share of the pr

The June 11 article Huawei's Culture is the Key to Its Success in the Harvard Business Review traces much of the telecommunication firm Huawei's culture to its employee ownership.

Alleging that the company's ESOP overpaid for the shares it purchased in two transactions, the Department of Labor filed a lawsuit on June 3 against Gruber Systems Inc. and its CEO John Hoskinson.

Moog Music, maker of famed synthesizers, announced on June 10 that it was becoming employee-owned.

The program, intended for members or prospective members of the boards of directors of ESOP-owned companies, will be held July 12 to 14 at the Rady School of Management, UC San Diego.

Sixty people attended the conference of ESOP Association Canada in Winnipeg from June 3 to 5 in Winnipeg.

In Tibble v. Edison International, No. 13-550 (U.S., May 18, 2015), the Supreme Court ruled that plaintiffs can timely commence a claim for breach of fiduciary duty within six years of the breach of a continuing duty of prudence in selecting investments.

Due to budget constraints, the IRS plans to stop issuing determination letters for periodic compliance. Under current procedures, companies file for letters of determination in a five-year cycle. The process allows companies to receive IRS validation of plan changes.

Data on ESOP formation suggest that new ESOPs are being created at a slightly lower rate than existing ones are terminated. But that only tells part of the story. Based on a survey of ESOP attorneys, we estimate that between 300 and 400 companies are acquired by ESOP companies annually.