Federal Judge: Former Employee Is Not Bound By ESOP’s Arbitration Procedure

Mealey's (August 1, 2018, 4:39 PM EDT) -- DAYTON, Ohio — An Ohio federal judge on July 23 held that a plaintiff is not bound by an employee stock ownership plan’s arbitration procedure because she did not agree to arbitrate and her specific claims against the plan’s trustee fall outside the scope of the arbitration procedure, overruling the trustee’s and employer’s motions to compel arbitration in a lawsuit brought under the Employee Retirement Income Security Act (Wilma Brown, et al. v. Wilmington Trust, N.A., No. 17-250, S.D. Ohio, Western Div., 2018 U.S. Dist. LEXIS 123656)....