DOL Urges 11th Circ. To Back Arbitration Denial In ESOP Row

By Patrick Hoff ( October 4, 2024, 6:36 PM EDT) -- The U.S. Department of Labor urged the Eleventh Circuit to reject arbitration in a proposed class action alleging a legal technology firm undervalued company shares when it shut down its employee stock ownership plan, arguing that the arbitration provision clashed with federal benefits law....

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