Shell Settles With Employees in Class Action on Employer Stock

Shell has agreed to pay $90 million to settle a class action lawsuit brought by employees who invested in company stock in their 401(k) plan. The settlement joins a growing list of out-of-court resolutions of class action cases brought over declining company stock prices.

Should the Players Own the L.A. Clippers?

In an April 30 guest column for the PBS Newshour, Christopher Mackin argues that the ownership structure of NBA teams is inherently flawed and c

Sierra Aluminum Sold to Samuel

Sierra Aluminum, a formerly ESOP-owned company that was involved in the litigation that led to the first fiduciary process agreement between the Department of Labor and an ESOP fiduciary, a

Silicon Valley Option Use Declines

The number of households with one or more wage earners holding stock options dropped from 33% in 2000 to 25% in 2002. In neighboring San Francisco County, options use dropped even more, where 20% of the households had options in 2000, but only 12% did in 2002.