Financial Adviser, Ex-CEO Dodge Suit Over $10.5M ESOP Buy

By Danielle Nichole Smith ( August 9, 2019, 7:43 PM EDT) -- A North Carolina federal judge has let a financial adviser and company executive off the hook in a suit alleging an employee benefit plan was allowed to buy overpriced company stock, finding that a Texas bank can't make them shoulder some of the blame since they aren't fiduciaries....

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