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Scooter Co.'s Mismanagement Cost ESOP Millions, Suit Says

By Emmy Freedman ( May 8, 2024, 5:46 PM EDT) -- A scooter company violated federal benefits law by putting too much of workers' retirement funds into investments that produced meager returns and causing its employee stock ownership plan to lose out on about $3.3 million since 2018, a proposed class action filed in Pennsylvania federal court said....

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