Overview
Increasingly, sellers of stock and others who customarily have not been named as defendants alongside ESOP Trustees are being sued in lawsuits relating to ESOPs. Chris Nemeth and Jane Kim presented at a National Center for Employee Ownership (NCEO) webinar discussing this trend and how to protect against and defend such lawsuits.
Learning objectives:
- Review the types of claims brought against sellers, company directors and officers, outside investors, and other non-trustees in recent lawsuits relating to ESOPs.
- Understand the types of situations that can give rise to such claims.
- Learn how to protect against and defend such lawsuits.