Delaware Federal Judge Follows Harrison On Effective Vindication In ESOP Row

Mealey's (March 9, 2023, 1:59 PM EST) -- WILMINGTON, Del. — Adopting a report and recommendation that he said came to the same conclusion as a 10th Circuit U.S. Court of Appeals panel did in Harrison v. Envision Mgmt. Holding, Inc. Bd. of Directors, a Delaware federal judge on March 8 denied a motion to compel arbitration in a putative class suit over an employee stock ownership plan (ESOP)....