About the Webinar

ESOP transactions – in which ESOPs buy or sell company stock – regularly draw the attention of plaintiffs’ attorneys and the Department of Labor. Lawsuits involving these transactions regularly involve claims that ESOP trustees failed to adequately scrutinize valuations of company stock and the projections upon which those valuations are based. And recently, plaintiffs’ attorneys have been focusing on transactions in which company stock is sold to third-party buyers and challenging the propriety of collateral payments (such as retention bonuses and non-compete payments) to officers and directors of the ESOP-owned company.

This webinar will explore the theories advanced in these cases, potential defenses to such claims, how courts have handled these claims in recent cases, and considerations for trustee due diligence and structuring these types of payments to mitigate risk.



There are no prerequisites or advanced preparation required for this introductory-level session.

Field of Study: Specialized Knowledge

Delivery Method: Group Internet Based

For more information on the types of Continuing Education Credit offered please visit Continuing Education Credits for Meeting and Webinar Attendees.


Joseph is a Director with Trucker Huss in Los Angeles, California. For nearly 30 years, his practice has focused on ERISA litigation and other disputes involving employee benefit plans. In recent years, he has handled several high-profile disputes involving ESOPs brought both by private plaintiffs and the Department of Labor. He is a frequent writer and speaker on topics of interest to the employee benefit industry in general, and the ESOP community in particular.

Dylan is a Senior Associate with Trucker Huss in San Francisco, California. His practice focuses on litigation of employee benefit cases, including class actions involving ESOPs and defined contribution plans, medical and pension claims, and cases involving executive compensation plans. In addition to his litigation practice, Mr. Rudolph advises retirement plans, health, and welfare plans, and plan fiduciaries in investigations and agency actions brought by the DOL and SEC.


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