Former Independent Trustee Loses Renewed Dismissal Bid In ESOP Dispute On Remand

( February 4, 2025, 12:25 PM EST) -- GREEN BAY, Wis. — On remand after partial revival of an Employee Retirement Income Security Act suit concerning an employee stock ownership plan (ESOP) and alleged price inflation, a Wisconsin federal judge denied a former independent trustee’s motion to dismiss the two claims against it, which are based on the trustee’s approval of what turned out to be the penultimate stock evaluation before an ESOP stock purchase....