Twenty-One ESOP Lawsuits Decided in Last 12 Months

The NCEO just released its annual review of litigation involving ESOPs and 401(k) plans with company stock, which found 21 lawsuits involving ESOPs decided in the most recent 12 months.

Twenty-Six-Year ESOP Company Sells to Equity Firm

Marco, a St. Cloud-based firm with 920 employees in Minnesota and five other states, announced that it will end its 26 years as an ESOP company through a sale to the investment firm Norwest Equity Partners.

Twins and Employee Ownership

In a Forbes blog post, Mary Josephs reports the story of two twin sisters who both applied for jobs at employee-owned WinCo Foods in 1991 at th

Two Coops Leave the Mondragon Corporation

The Mondragon Corporation of Spain’s Basque region, an integrated network of more than 90 employee-owned companies plus many worker cooperatives, is the best-known example of worker cooperative

Two Films on Employee Ownership

The Foundation for Enterprise Development's film We the Owners: Employees Expanding the American Dream will be shown in trailer form at the 2012 NCEO/Beyster Employee Ownership Conference.

Two Legal Staffing Companies Adopt ESOP

Mestel & Company and Hire Counsel, two companies that provide legal recruiting and staffing services, became the first companies in their field to adopt an ESOP (which will cover participants from both companies). The ESOP will cover employees and attorneys who work on a contract basis.

Two M&A Transactions at MYI in One Week

McLarens Young International (MYI), an employee-owned loss adjusting firm with a global reach, announced two acquisitions in September.