Stay informed on the latest legal developments impacting employee ownership with timely and concise summaries of key cases and rulings. Learn more about this digest »
Christopher Wingard
Following a bench trial, a Massachusetts federal court issued a mixed ruling in the long-running Russelectric ESOP litigation, finding in favor of plaintiffs on certain fiduciary breach claims while rejecting others.
Continue Reading about Court Issues Split Trial Ruling in Russelectric ESOP Case
Wendy Gilligan
On May 4, 2026, the US District Court for the Eastern District of Wisconsin issued its decision in Daines v. IRS, granting the Internal Revenue Service’s (“IRS”) motion to dismiss an action brought by Jeffrey and Elisha Daines, Jeffrey and Stephanie Federwitz, their related entities, and the Solid Ground Transportation, Inc. Employee Stock Ownership Plan (the “Solid Ground ESOP”).
Continue Reading about Federal Court Dismisses APA Challenge to IRS ESOP Disqualification Action
Tabitha Croscut
A Georgia federal judge ruled in favor of executives and board members at Technical Associates of Georgia, ending a class action brought by former employees who claimed company leaders secretly enriched themselves during a 2011 refinancing of the company’s employee stock ownership plan (ESOP).
Continue Reading about Late Claims Sink ESOP Lawsuit Against Company Executives, Board
Alan H. Kandel is a Partner at Husch Blackwell specializing in Employee Benefits and Executive Compensation. He counsels a wide variety of clients—including ... »
Allison is a Partner at McDermott Will & Schulte in Dallas, where she focuses her practice on employee benefits matters with extensive experience in ERISA ... »
Chris is an associate in Kleinbard’s Business & Finance Practice. He advises corporations, shareholders, directors and employee stock ownership plan (ESOP) ... »
NCEO founder and senior staff member
David is a Partner and Chair of the Employee Benefits & Executive Compensation Practice Group at Bradley Arant Boult Cummings in Nashville. He advises ... »
Griffin F. O'Gara is an Associate in Krieg DeVault's Employee Benefits and Executive Compensation Practice. Mr. O'Gara primarily devotes his practice to ... »
