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13Aug

Federal Court Dismisses Challenge to ESOP Transaction

In Lee v. Argent Trust Co., the court dismissed ERISA claims challenging an ESOP stock transaction because the plaintiff, who “fundamentally misunderstands the nature of the” ESOP transaction, did not allege that she suffered any injury. This...
By: McDermott Will & Emery
Source Url: https://www.jdsupra.com/legalnews/federal-court-dismisses-challenge-to-42514/

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