Supreme Court Hears Oral Arguments on Presumption of Prudence

On April 2, the Supreme Court heard arguments in Fifth Third Bancorp v. Dudenhoeffer, U.S., No. 12-751, concerning the so-called Moench presumption, which has been adopted by several circuit courts and is often used as a basis to dismiss stock-drop suits.

Definitive Study of ESOP Survival Published

A study that the NCEO has referred to for years has been formally published in a volume of research papers titled Advances in the Economic Analysis of Participatory & Labor-Manage

New Data on Employee Ownership in Europe

The European Federation of Employee Share Ownership released data showing the increase in employment at employee-owned companies in Europe.

Worker Cooperative at Bauen Hotel in Argentina Faces Eviction

After the Bauen Hotel closed its doors in 2001, a group of workers occupied the hotel, invested in repairs, and re-opened the hotel, running it as a worker cooperative and becoming a leading example of Argentinian worker-recuperated enterprises.

Press Coverage

An April 13 article in the Pittsburgh Post Gazette focused on ESOPs and baby boomers.

PBS Program on Worker Ownership to Air on April 6

On April 6 at 5PM (Pacific), Seattle's television station KCTS-9 will begin a national run of the film Shift Change, which documents the development of worker cooperatives in the United States, as well as their connections with the inspiring network of worker cooperatives in Mondragon, Spa