Fee-Shifting, Effective Vindication Addressed In ERISA Suit Over ESOP Stock Buy

Mealey's (August 11, 2022, 9:53 AM EDT) -- PHOENIX — Ruling on what he said “appears to be a question of first impression,” an Arizona federal judge on July 27 said the Employee Retirement Income Security Act preempts a contractual fee-shifting arrangement in an employee stock ownership plan (ESOP)....

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