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Tribune ESOP Fiduciary Breach Suit Moves Forward
PLANSPONSOR; free registration may be required [Guidance Overview] Dec. 22, 2009
Excerpt: A federal court has moved forward claims that fiduciaries for the Tribune Company Employee Stock Ownership Plan (ESOP) breached their duty to the plan when real estate investor Sam Zell took the company private in an $8.3 billion stock buyback two years ago.
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