Fiduciaries of California ESOP to Repay Plan Funds

The Department of Labor (DOL) has obtained a consent order for fiduciaries to repay funds to an ESOP. The order requires fiduciaries of the Parrot Cellular ESOP to pay $4,181,818 to the plan.

We The Owners Makes Splash at Film Festivals

We the Owners, a documentary about employee ownership in the United States, has been officially selected to screen at the California Independent Film Festival next week, marking the seventh film festival for which it is a selection.

NCEO Looking for Retired ESOP Company Executives for New Directory

The NCEO is creating a new directory of retired ESOP company executives who are willing to willing to share their experience and expertise, which may include working on a pro bono basis with ESOP companies considering or using an ESOP; participating in outreach programs to the press, trade associ

Be Careful About Deferring Pay in a Startup Company

In an article in CFO Magazine on potential compensation perils for startup companies, Christine Osvald-Mruz warns that many startup companies defer some or even all cash compensati

PricewaterhouseCoopers, NASPP Survey Shows Global ESPP Participation Declining

In a survey of 350 multinational companies in a variety of countries (the 2012 Global Equity Incentives Survey), PricewaterhouseCoopers and the National Association of Stock Plan Professionals (NASPP) have found that in ESPPs, there has been "a steady decline in global participation from 2007 thr