Chair of House Education and the Workforce Committee Says DOL “Abusing Its Authority” in Sharing Information with ESOP Plaintiffs’ Attorney

In a strongly worded letter, Rep. Virginia Foxx, R-NC, chair of the House Committee on Education and the Workforce, says that the Department of Labor (DOL) abused its authority when it shared information from an ongoing investigation of Envision Radiology’s ESOP with the law firm Cohen Milstein, which is acting as the counsel for the plaintiffs in an ESOP valuation lawsuit against the trustee, selling share-holders, and individuals at the company.