UPenn Program for ESOP Company Executives

The Center for Organizational Dynamics at the University of Pennsylvania will host "the first and only program anywhere formally addressing the relationship between the distinctive nature of ESOP companies and the effectiveness of leaders." The program consists of two week-long sessions (June 15-

DOL Settles with People Care Holdings over Valuation Issues

The former owners of People Care Holdings Inc. have agreed to pay $10 million to settle a lawsuit brought by the Department of Labor over allegations that the ESOP overpaid for the shares when it bought it from the former owners.

New EBRI Data on Company Stock in 401(k) Plans

The Employee Benefits Research Institute (EBRI) reports that 36% of participants in the EBRI 401(k) plan database were in plans that offered company stock as an investment. Where company stock was an option, 18.3% of participants selected that as one of their holdings.

GEO Equity Survey

As announced in late 2013, the Global Equity Organization (GEO) is going live with the 2014 Global Equity Insights survey, together with its sponsors Computershare, hkp///, SAP, Siemens, and the University of Göttingen, and survey support partners WorldatWork, the Certified Equity Professional In

Comments on the Supreme Court's Review of the Presumption of Prudence

The Supreme Court has agreed to review the so-called presumption of prudence rule that has provided trustees of ESOPs and other defined contribution plans that are specifically designed to be invested in employer stock protection against lawsuits when stock prices in the plans drop dramatically.

New Global Report Finds 91,000 Worker Cooperatives

The world's leading organization of worker cooperatives, CICOPA (the International Organisation of Industrial, Artisanal and Service Producers' Cooperatives) identified over 91,000 worker cooperatives around the world, according to its