Converting to an employee stock ownership plan offers firms tax benefits and an alternative to private equity.

When I turned 60 years old, 35 years into my run as president and CEO of Stockwell Elastomerics, I started thinking seriously ...

Accountants who advise clients interested in employee ownership plans need to be aware of the pros and cons of different ...

I took the position at ITA Group and quickly realized my gut feeling came about because my new colleagues owned the company and showed that ownership in everything they did. ITA Group is 100% employee ...

All of my coworkers were talking about this thing called an ESOP, or employee stock ownership plan — a retirement plan we had that made us owners of the company. I knew retirement was important ...

At least five lawsuits have recently been filed against employee stock ownership plan (ESOP) fiduciaries alleging a failure to prudently invest ...

Chief executive and financial officer Chase Kopp explained that it’s a retirement plan, governed — along with 401(k)s — under ...

Employees of an Illinois printing company failed to prove at trial that company directors and Greatbanc Trust Co. breached their legal duties in connection with a buyout of their employee stock ...

Morton Buildings Inc. received initial court approval for a $4 million class settlement with workers who sued the company’s prior owners and Argent Trust Co. over their employee stock ownership plan.

Dispensary 33’s transaction was made through an Employee Stock Ownership Plan, which is funded through a trust that is created to purchase the company’s stock. Illinois Department of Financial ...

Pullman, Washington-based Schweitzer Engineering Laboratories has raised its starting hourly wage for U.S. employees to $20 per hour, the company announced in a press release this week. Schweitzer ...

recently announced its transition to 100% employee ownership under an employee stock ownership plan. “It’s really about creating that ownership mentality culture that many businesses strive to ...