Tolling Period Can Be Extended in ESOP Case

In Foster v. Adams & Assocs., Inc., No. 3:18-cv-02723-JSC, N.D. Cal., Feb. 26, 2019), a district court ruled that employees can proceed with a lawsuit alleging the ESOP at Adams & Associates overpaid for the shares and that the trustee for the plan, a former felon, should not have been appointed.

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