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The Department of Labor seems to have reversed its opinion on pass-through of voting rights in companies that provide "mirror voting and tendering" provisions on unallocated shares.

On May 1, in response to a question noting the benefit of ESOPs for retirement security from Rep.

In an April 23 article in the National Law Review, Erin Turley, Allison Wilkerson, Eliot Burriss, Emily Rickard, and Rick Stepanovic observe that t

The Department if Labor has settled its lawsuit with Enron Corporation over ERISA fiduciary breaches in its 401(k) plan and ESOP. The settlement gives the plans an unsecured claim of $305.36 million in Enron's bankruptcy proceedings.

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.

The U.S. Department of Labor sued San Francisco—based California Pacific Bank, including its board of directors and plan trustees, saying the bank violated ERISA by failing to distribute account balances in cash following the 2010 termination of the ESOP.

On December 26, the Department of Labor's Employee Benefits Security Administration (EBSA) announced that it had filed a civil suit to recover losses by ESOP participants at Miller's Health Syste

An opinion letter released December 23rd by the Wage and Hour Division of the U.S. Department of Labor (DOL) concludes that option gains need to be counted as compensation for the purpose of overtime pay.

The Department of Labor will host two seminars, one in San Diego, CA on July 23 and one in

In its Semiannual Regulatory Agenda (p.