DOL, Defendants Make Opening Statements In ERISA Suit Over ESOP Deal

(January 8, 2024, 12:45 PM EST) -- PHOENIX — In written opening statements filed in advance of a scheduled bench trial in Arizona federal court, the U.S. Department of Labor (DOL) and leaders of a recreational vehicle company outline markedly different views of the employee stock ownership plan (ESOP) deal that drew a legal challenge from the DOL under the Employee Retirement Income Security Act....