Non-ESOP Plan Data Subject to Discovery

Plaintiffs can have access to data on executive, officer, and board compensation; board minutes relating to the creation of an ESOP and other business plans; plan fiduciary meeting minutes; and data on other retirement plans, if these data are relevant to claims that the ESOP overpaid for stock.

North Carolina Law Is First in U.S. Qualifying ESOPs for Historically Disadvantaged Contracting Preferences

The North Carolina legislature has passed and the governor has signed S. 802, an infrastructure finance bill that also includes an unrelated provision allowing ESOPs in which at least 51% of the participants are “minority persons or socially and economically disadvantaged individuals” to qualify for the state’s historically underutilized business set-aside program.

Now Accepting Nominations for the NCEO's Board of Directors

Annual elections for the board of directors of the National Center for Employee Ownership (NCEO) will take place in January, and members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 9.

Now Accepting Nominations for the NCEO's Board of Directors

Annual elections for the board of directors of the National Center for Employee Ownership (NCEO) will take place in January, and members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 8.

Now Accepting Nominations for the NCEO's Board of Directors

Annual elections for the board of directors of the National Center for Employee Ownership (NCEO) will take place in January, and members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 9.