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Backdated Options: The Tag-Along Qualified Plan Claims (PDF)
Utz, Miller, Kuhn & Eickman, LLC 
[Guidance Overview] Dec. 3, 2008 2 pages. Excerpt: Companies that allegedly backdated stock options now have a companion concern. Fiduciaries of their 401(k) plans are facing ERISA fiduciary claims where their plans have maintained company stock funds. In one such case, a federal district court has permitted a former employee to proceed with a claim against the employer and certain of its officers for breaches of ERISA fiduciary duties relating to alleged backdating. Bendaoud v. Hodgson, 2008 U.S. Dist. LEXIS 72788 (D. Mass. 2008). MORE >> |
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